ETHOS PARTNERS SELLS MOTOCADDY TO CORBEL CAPITAL PARTNERS
Chrystal Capital Partners LLP ("Chrystal"), a Mayfair based corporate finance and investment house, is pleased to announce that Ethos Partners has completed the sale of Motocaddy, a global market leader in electric golf trolleys, to Corbel Capital Partners, a Los Angeles based lower mid market private equity firm.
Ethos acquired Motocaddy in October 2019 with the aim of driving sales in Europe and the US and growing direct to consumer sales online. Chrystal assisted Ethos in bringing family office and private investors into the buyout as co investment partners. Under Ethos's ownership management built Motocaddy into a global market leader, with operations in Germany, Australia and the US.
"Motocaddy shows what our co investment network is for: a market leading business, an experienced sponsor and patient capital that stayed the course through Covid and the supply chain disruption that followed. Our congratulations to Ethos and to the Motocaddy management team."
James Innes, Managing Partner, Chrystal Capital
About Chrystal Capital Co Investments
Single Family Offices and Ultra High Net Worth Individuals are continually seeking access to high quality, professionally structured and well managed co investment opportunities across a range of asset classes, without having to source and negotiate these opportunities directly. Through our relationships with institutional investors and experienced sponsors, we enable them to gain access to attractive opportunities they might otherwise not see, with curated deal flow tailored to their stated preferences.
For further information please contact: James Innes, Managing Partner james.innes@chrystalcapital.com www.chrystalcapital.com