Shaun Pulfrey sells detangling wonder business after being dismissed of The BBC Den fourteen years ago. The sale of haircare company Tangle Teezer has propelled a Dragons’ Den-style rebuke at the wealth level of those who refused the awe-inspiring product. The Grimsby native Shaun Pulfrey has sold most of his shares in the “category defining business” to Mayfair Equity Partners in a deal that puts the value of the business at PS70 millions. The company was established in 2007 and was the first detangling device was a must-have tool with stylists and celebrities leading the way.
The company made record profits which exceeded P30m at the end of 2020. and the increase in Brixton. Brixton headquarters throughout the epidemic. Mr Pulfrey, hair stylist who developed a novel idea after “searching for decades” to find a quick and simple method to detangle hair without tugging, pulling and pulling, declared: “I am immensely proud to join forces with Mayfair in a partnership with strategic significance to the next chapter of the growth story of Tangle Teezer.
“Their demonstrated ability to support solid brands, with managers and founders who lead business teams was the reason I chose them as my first choice. I’m extremely excited about the future and all the new opportunities that it can bring for our beloved brand, which is well-loved and adored by many as we continue to deliver more innovative products that is the lifeblood for the company. ” He was a guest on the front of the dragons in the colorful BBC show in 2007 and used his savings to secure patents as well as initial production run. From his London home He would then pack his stuff and ship his goods.
In seeking a professionalisation fee of $80,000 or more is described as “hare-brained” by Peter Jones while Deborah Meaden has compared it to the brush of a horse. It struck the hearts of viewers, but Mr. Pulfrey was always grateful for the 15 minute commercial in which orders crashed the website he was developing. Tangle Teezer is now named “the one who managed to be freed from the panel of investors. It also won a Queen’s Award for Innovation in 2012, and the award of International Trade in 2014.
Mr. Vowles said: “Shaun has built an amazing brand that has delighted clients from all over the globe and is suitable for all hair types. Beginning with the solid basis that detangle hair. The business has expanded into blow-drying, style as well as scalp care and sprays to detangle. We’re excited to partner with Mayfair to begin the next stage of growth. ” It is sold in more than 75 countries via major retailers and websites. The company has now launched an extensive array of custom products to cater to various kinds of hair, all specifically designed for comfort.
From Superbowl celebrity preparations, from Superbowl star preparations up to Little Mix videos of late The Tangle Teezers are appreciated by famous people like Victoria Beckham, Kiera Knightley and Cara Delevingne. The influence of social media and the speed of influencers are helping keep sales rising. Mayfair is a specialist in the area of technology and growth in consumer investments. It will own most of the shares. The purchase of the company valued up to PS70 million.
Bertie Aykroyd, partner of the company, stated: “Tangle Teezer has achieved incredible success in changing the definition of a category that was previously without a brand and is fragmented. “Using sophisticated technology and innovative designs, the brand has created an range of products that customers rave about. Through it, Shaun and James have developed the detangling category which is fast becoming a component the Tangle Teezer. Tangle Teezer company. “We are delighted to be able to assist James and his team to keep growing this impressive British brand, both through new products, and also with international expansion. “
Tangle Teezer, as well as the shareholders of Teezer were counseled on the matter by Arrowpoint Advisory and Pinsent Masons. Mayfair is the company that is responsible to KCom which is the nation-wide ICT services company which acquired Nasstar along with its shareholder. They was advised by Spayne Lindsay along with Goodwin Procter. Mr. Pulfrey who has been an ambassador around across the globe ever since. Vowles his appointment is likely to hold the rights to a minor stake.