Republic Retail

Republic is a successful and rapidly expanding retailer, which sources and designs brands primarily targeting the fashion conscious high-spending 16 to 25 year old age group. It has a portfolio of 65 stores in prime locations across the UK, targeted to grow to over 200 stores within 5 years.

The Company was founded in 1985 and enjoyed a period of sustained growth since Tim Whitworth, Ron Scott and one of the three founders, Carl Brewins, assumed full management control of the business in early 2001. 3i took a majority shareholding in Republic in 2002.

In the first half of 2005, Canaccord Genuity was instructed by 3i and the shareholders of Republic to conduct a sale which resulted in Change Capital backing Tim Whitworth and Carl Brewins in a secondary buyout of the company.

Canaccord Genuity acted as financial advisor to 3i and the shareholders of Republic.