Carey Olsen advises Auréa Group on Jersey investment vehicle used to purchase The Body Shop
Carey Olsen has supported growth capital firm Auréa Group ("Auréa") on the establishment of its funding vehicle, Auréa TBSI LP, to acquire The Body Shop.
Auréa was founded in 2021 and favours investments in businesses focused on new-age beauty, wellness and longevity.
Auréa TBSI LP was established as a Jersey Limited Partnership and as a "non-fund" single asset vehicle. The Carey Olsen investment funds team advising Auréa Group on the closing of Auréa TBSI LP comprised partner Christopher Griffin and associates Sally Meggitt-Smith and Anna Richardson.
Christopher Griffin commented: "It was good that Jersey was able to help Auréa acquire this household name – showing once again that the Jersey Limited Partnership is a fantastically flexible vehicle."
