News

Smith & Williamson advises on Rockfish investment

  • Written By: Mark Gee
  • Published: Wed, 16 Jan 2019 10:57 GMT

The business, founded by Mitch Tonks, has five sites on the Devon coast and plans to open another three this year, starting with Exeter Quays in March.

19 01 Mitch Tonks

Marcus Graham, Mark Benka and Claire Eggels of Smith & Williamson provided financial due diligence on the deal, which sees Gresham House take a minority stake in Rockfish.

Associate director Marcus Graham said: “Smith & Williamson continues to grow its reputation as a leading provider of financial due diligence to the South West private equity, banking and corporate communities.

“Rockfish is a great example of a dynamic South West business which continues to succeed in what is a highly competitive sector and we are delighted to be able to support its growth plans.”

Mitch Tonks, Rockfish CEO, added: “Our goal at Rockfish is to change the way people experience seafood in the UK, and I’m delighted that the Gresham House Ventures team has bought into our vision and our ethos of sustainable sourcing, local seafood cooked on the day it was landed and strong ethical and community values.”

Tom Makey, associate director at Gresham House, said: “Mitch and the team at Rockfish have developed a fantastic seafood offering that really resonates with customers, with high-quality cooking, sustainable and locally sourced ingredients, all delivered from superb waterside locations.”

The Gresham House Ventures team invests equity of up to £5m in growth businesses, supporting founders with bold ambitions for the future, whilst providing transformational capital and expertise to accelerate business potential.

DISCLAIMER
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of publication.

Notes to editors
Smith & Williamson is an independently owned professional and financial services group with over 1,700 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group has twelve offices; these are in London, Belfast, Birmingham, Bristol, Cheltenham, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton.

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