Des Mcmanus acquires a majority share in FFS Beauty

Reading Time:
Posted: 4th December 2023 by
Courtney Evans
Share this article

Randall & Payne LLP advise Des Mcmanus in the acquisition of a majority share in FFS Beauty.

FFS beauty is a female shaving company that promotes sustainable, cruelty free products whilst providing women with a quality product. FFS beauty is a UK business winning awards in the beauty industry since 2019. At FFS beauty they place importance on reducing their impact on the environment and even set up their own in house recycling scheme for customers. FFS beauty created the first ever metal handled razor for the female market which won product of the year in 2019 and this was only the start of their mission to introduce quality to the overlooked women’s shaving industry.

Prominent advisors supported the management buyout of FFS beauty as Des McManus takes over as executive chief. As one of the founding shareholders of this business McManus is confident that FFS will thrive in the coming years rising in the industry as a quality product for women.

The deal facilitated the exit of a shareholder combined with refinancing of the business for the next stage of its growth plans.

James Geary, Corporate Tax Partner at Randall & Payne, provided advice around the structure of the deal to ensure overall tax efficiency, as well as to preserve Enterprise Investment Scheme status for minority investors, dealing with the associated advance clearances from HM Revenue & Customs.

The deal was led by Debretts Private Finance with the legals being handled by Ansons.


About the Author

Courtney Evans
Courtney studied English Literature and Creative Writing at University and is the Editorial Assistant for Lawyer Monthly, Finance Monthly and CEO Today writing articles for all three publications. Courtney is an experienced writer who enjoys researching for the articles. When she’s not working, Courtney can be found planning her next budget friendly trip and trying to tick off new experiences on her ever-growing bucket list.
Connect with LM
Lawyer Monthly: The Briefing
Subscribe to Lawyer Monthly Magazine Today to receive all of the latest news from the world of Law.

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.