Kingston Smith advises on sale of leading retail design agency
Kingston Smith advised on the sale of award-winning UK retail design agency The Yard Creative (TYC) to forward-thinking investment group RSBG Infrastructure.
TYC has become a prominent leader in the brand activation and experience sector during the past 12 years, with high-profile clients including Nike, Fortnum & Mason, Converse, John Lewis & Partners, Unibail-Rodamco-Westfield, Max Factor and Bourjois.
RSBG Infrastructure already owned renowned architect firm Leslie Jones Architecture, which has a focus on urban renewal and addressing the challenges of city and town centres. TYC and Leslie Jones Architecture have been working together in recent months, carving out a new proposition of applying a brand lens to cities, places and spaces. Now that they share a parent in RSBG Infrastructure, they will be able to pursue their collective ambitions with renewed vigour.
Kingston Smith was appointed by owners Sian and Steve James-Royle to advise them on the transaction. The team helped to successfully secure a sale that will allow the agency to become part of a group with a unique, engaging and strong planning proposition.
Sian says: “A big thank you to the Kingston Smith team for helping us get through this deal – the guidance, support and expertise has been invaluable and really, really helpful. Everyone was so patient and supportive.
“TYC and Kingston Smith have been working together for 11 years. When we started out, we wanted to partner with the best media accountant in the industry to ensure we were learning from the might of the big guys.
“Here we are a decade later, having grown our pioneering idea into a commercially stable, well run business with a challenger mentality that attracts dream clients, projects and more recently investment. None of this would have been possible without the help of the Kingston Smith team. At every turn they were professional, knowledgeable, proactive and reliable industry-leading experts.”
Nick Thompson, corporate finance partner at Kingston Smith, says: “It has been a real pleasure working with Steve and Sian on this deal. TYC is a fantastic agency and we expect that, as part of the RSBG group, it will continue to go from strength to strength.”
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