Abel & Cole, based in Wimbledon, offers a comprehensive range of organic produce, including meat, fish, dairy products and groceries. The transaction sees the management team partner with Phoenix and founder and previous owner, Keith Abel.
Marc Gillespie, partner at Clearwater, said: “Abel & Cole is renowned for its organic credentials and is well placed to take advantage of strong growth in demand for organic food. The transaction will provide support for the business as it enters the next stage of growth.”
David Burns, partner at Phoenix, said: “Abel & Cole is a wonderful story of an entrepreneur turning a vision into reality. Keith and his management team have built a great business which has remained loyal to its core values.”