By Josh White
Date: Friday 04 Jul 2025
(Sharecast News) - EPE Special Opportunities announced on Friday that it has acquired a majority stake in Prism Holdco 2025, the owner of the premium homeware brand LSA International.
The AIM-traded investment company said the acquisition was made through its wholly-owned ESO Investments 1 vehicle, and completed on 2 July.
It said LSA International is known for its design-led glassware, tableware, and interior accessories, with a strong reputation for quality, craftsmanship, and sustainability.
The firm's products are distributed through leading UK and international retailers, hospitality partners, and online channels.
EPE said the brand's growth would be accelerated through synergies with its existing portfolio company in the sector, the Rayware Group.
As part of the deal, ESO 1 is investing up to £2.1m - £1.1m to repay bank debt and £1m to support working capital.
In addition, 298,013 ESO shares were issued to the former shareholders of LSA International.
Admission of the new shares to trading on AIM was expected on 9 July, taking the company's total issued share capital to 28,396,073 shares.
Following the transaction, EPE reported cash reserves of £7.1m and said the acquisition would have no impact on its net asset value.
The firm said it was continuing to pursue long-term investments in small and medium-sized enterprises across a range of sectors, seeking to generate strong equity returns by backing businesses with solid fundamentals and strong management teams.
Reporting by Josh White for Sharecast.com.
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