North East advisors secure funding for e-commerce retailer with sustainable focus06/12/2021
Mincoffs Solicitors, alongside MHA Tait Walker Corporate Finance, have recently advised FFB Growth UK Limited on the financing of their newest business venture, My Illimitato, which provides a range of sustainable products online to the UK and US markets.
Owned and operated by Founder and CEO Lesley Moore Flaherty, the successful capital raise for My Illimitato is the first stage of the accelerated market penetration of what is an underserved and increasingly attractive market.
Lesley commented: “I created My Illimitato to solve the need for consumers to find quality eco-friendly/sustainable fashion and lifestyle products more easily.
“The convenience of finding talented emerging designers and brands that are truly socially/environmentally responsible saves valuable time for all members of the My Illimitato community. Every purchase also includes a donation to important charities working to make the world a better place for all.
“My Illimitato’s close partnerships with MHA Tait Walker and the Mincoffs team have further enhanced our ability to serve both our product partners and our consumer community.”
Aided by legal input from Luke Philpott, Corporate Partner at Mincoffs Solicitors, the transaction was delivered in a short time frame.
Luke said: “Sustainability is going to be at the heart of everything we do across life, I’m delighted to have been able to support the business at such a crucial stage and I’m sure, with the cash injection they needed, Lesley will make every success of My Illimitato. It was great working Lesley, the My Illimitato team and the MHA Tait Walker team.”
Lee Humble, Associate Partner Corporate Finance added: “It was a pleasure to work with Lesley and the My Illimitato team on this exciting new venture. The environmental angle and general awareness of the consumer to the need for more sustainable consumption has never been so important and I am confident with this cash injection My Illimitato will continue to flourish over the coming months and years.”
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