Diamonds are an Investors’ Best Friend….
London, 7th February 2017
Bosham Capital Advisors Ltd (BCA) – www.boshamcapitaladvisors.com - the FCA-regulated corporate finance and investment company based in London, is pleased to announce that it has raised £3.3m of equity financing for Diamond Manufacturers Ltd, trading as Vashi – www.vashi.com, via a private placement, which was also EIS eligible.
Vashi is a highly profitable, multi-channel diamond retailer that has established itself in the market place as a purveyor of affordable luxury diamond jewellery. Vashi was established in 2007 by Vashi Dominguez who had previously founded a highly successful diamond wholesale business, before recognizing the market opportunity in retail.
During 2016, Vashi won several industry awards, including the trio of Digital, Fashion and Luxury Business Entrepreneurs of the year.
The proceeds of the fund raise will be used primarily to launch Vashi’s new flagship store at 46 Piccadilly, London as well as to develop further its technology platform.
Vashi Dominguez, Founder of Diamond Manufacturers, commented:
“This equity raise is a vital step in the evolution of the company as it allows us to move forward to the next stage of our development, we have been impressed by BCA’s approach to the raise together with their high quality Investor contacts in the High Net Worth space.
Adrian Faure, Founder BCA, stated:
“We are delighted to have led this successful round of equity financing for Diamond Manufacturers. Vashi has created a genuinely disruptive omni-channel retail play that has immense scalability and a high growth trajectory ahead. Our Investors instantly recognized this and we are grateful for their support which enabled the deal to be closed over-subscribed.”
About Diamond Manufacturers, trading as ‘Vashi’
Vashi – http://www.vashi.com – is an award-winning omni-channel luxury diamond jewellery retailer with a flagship store on Piccadilly.
About Bosham Capital Advisors
Bosham Capital Advisors (BCA) – http://www.boshamcapitaladvisors.com - is an Independent Investment, Corporate Finance and Capital Advisory Firm, based in London, which acts as an advisory bridge between Investors and Investees in Asia & UK. BCA provides Investment, Corporate Finance, Strategic Advisory, M&A and Capital Raising services across the Digital Media, Disruptive Technology, Consumer and Real Estate sectors. BCA’s partners are Adrian Faure and Edward Boddington.
MD – Bosham Capital Advisors
Founder - Diamond Manufacturers