22.8 C
Manchester
Saturday, June 28, 2025
BlogClough & Willis advises JamJar Investments on two investment deals

Clough & Willis advises JamJar Investments on two investment deals

Bury law firm Clough & Willis has acted for JamJar Investments on two investments into its portfolio; Chronext AG and SID Group.

JamJar Investments is a venture capital investment fund based in London. The firm was established in 2013 by the three founders of Innocent Drinks – Richard Reed, Jon Wright and Adam Balon – as well as Katie Marrache and Paul Chiappe. It provides seed investment in early stage consumer tech and offline companies. Previous investments include Graze, Deliveroo, BlueBottle Coffee, Gojimo and Propercorn.

Chronext AG is a luxury German-based watch dealer, which enables customers from around the world to buy and sell high-end and vintage wristwatches via its website. This is the second equity stake JamJar has taken in the company.

SID Group trading as Fiit.tv is a new entry in the healthcare and fitness sector. It operates via a mobile app that allows people to take fitness classes from their own home whilst monitoring their progress with a connected heart monitor.

The team at Clough & Willis was headed up by Guy Lachlan who is a commercial solicitor in the Corporate and Commercial department. The firm advised on various aspects of the deals including the Investment, Shareholders’ and Advisor Agreements, Organisational Regulations and Articles.

Katie Marrache, partner at JamJar, said: “Chronext has grown from strength to strength since we first invested. Bringing the offline luxury second hand watch industry online provides more choice for consumers, more liquidity for dealers and online penetration for watch brands.  Fiit.tv is also a concept we are really excited about. Taking a tracked class from your living room is more convenient and makes improving easier to monitor and more fun.”

Guy Lachlan added: “JamJar continues its proactive and flexible investment approach in the consumer sector, continuing to pick early winners in emerging markets.”

Latest

Reply announces finalists for its first AI Music Contest

Reply, an international group specialized in the creation of new business models enabled by Artificial Intelligence, is proud to announce the finalists of the...

Manchester’s Eight Engines Among Business Insider’s Top Creative Companies in the North West

Manchester-based video agency Eight Engines has been named one of Business Insider’s Most Exciting Companies in the North West, solidifying its position as a...

Appy Pie Teams Up with name.com to Offer Free LinkedIn Website Builder and .bio Domain

Appy Pie, the global no-code AI platform, has partnered with domain registration provider name.com to introduce a free AI-powered LinkedIn Profile-to-Website Converter. The new...

Private E-Prescriptions Surge Amid Lengthy NHS Delays

As NHS waiting lists reach record levels, more people in the UK are choosing private healthcare for quicker, more efficient access — especially when...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Appy Pie Teams Up with name.com to Offer Free LinkedIn Website Builder and .bio Domain

Appy Pie, the global no-code AI platform, has partnered with domain registration provider name.com to introduce a free AI-powered LinkedIn Profile-to-Website Converter. The new...

Manchester’s Eight Engines Among Business Insider’s Top Creative Companies in the North West

Manchester-based video agency Eight Engines has been named one of Business Insider’s Most Exciting Companies in the North West, solidifying its position as a...

Private E-Prescriptions Surge Amid Lengthy NHS Delays

As NHS waiting lists reach record levels, more people in the UK are choosing private healthcare for quicker, more efficient access — especially when...

Reply announces finalists for its first AI Music Contest

Reply, an international group specialized in the creation of new business models enabled by Artificial Intelligence, is proud to announce the finalists of the...

More News

SB Bank Introduces Pre-Launch Phase with Cutting-Edge Hybrid Financial Model

SB Bank has officially initiated its pre-launch phase, debuting a hybrid financial model that combines traditional banking with blockchain innovation—ushering in a new era...

Flexiss Group Partners with Compound Real Estate on £300 Million Comporter Self-Storage Portfolio

Flexiss Group and Compound Real Estate have announced a major £300 million partnership to create a premier self-storage portfolio, strategically located across London and...

How Manchester’s Tech Startups Are Powering Growth with Headless CMS Architecture

In no time at all, Manchester has emerged as one of the UK's leading technology hubs. The city is home to a vibrant startup...