News & Articles
Adam Street advises Entourage Collection on its growth capital raise
Adam Street Advisers (“Adam Street”) is pleased to announce that it has acted as exclusive financial adviser to Entourage Collection (“Entourage”) on its growth capital raise led by American and British-Australian family offices to further develop its tech infrastructure and drive growth in the United States.
Based in New York City, with an additional office in London, Entourage Collection provides concierge services to ultra-high net worth (“UHNW”) families and individuals, arranges luxury travel and provides advisory services to the luxury hospitality sector and select luxury brands. Entourage works with an enviable list of businesses servicing the luxury industry.
Entourage has seen revenue growth of over 10x in the past 4 years with no external investment and been profitable since inception. Their largest growth period was over the past 2 years - during the pandemic and challenging economic conditions. This demonstrates that by focussing on the luxury and UHNW markets has made the business relatively impervious to the otherwise difficult market trends.
Simon Liebel, Founder and CEO of Entourage, commented: “Working with Amir and Adam Street has been an incredibly insightful experience. Their knowledge, specialist guidance, and undivided attention made this entire process not only easier but also enjoyable. Many of the key decisions we made were based on Amir’s guidance, and his expert advice was crucial in helping us navigate unchartered waters."
The transaction highlights Adam Street’s in-depth knowledge of the private capital markets to achieve successful outcomes for category defining businesses. We specialise in working with founders, shareholders, and management teams of private companies on selling and acquiring businesses, advising on raising growth capital from private equity and venture capital funds, family offices and alternative capital providers.
For further information please contact Adam Street Advisers:
Amir Tayebi, Partner