Freeths advises Watchfinder founder on investment in second-hand luxury watch dealer

National law firm Freeths has advised Watchfinder founder Stuart Hennell on his investment as lead investor into British second-hand luxury watch dealer Subdial as part of their £1.5 million funding round that also included Active Partners, who invested £4 million into Subdial in 2021.

Subdial’s mission is to revolutionise the luxury watch market by providing a seamless platform for trading and collecting watches. They aim to empower collectors to develop their collections over time through innovative trading solutions and exceptional customer service. This further investment will allow Subdial to strengthen its technology platform as it is and will help the company to open a physical Clubhouse in early 2025.

Leading the Freeths team on this transaction was corporate Partner Malin Svanberg Larsson and Managing Associate Edward Chapman.

Commenting on the investment, Malin Svanberg Larsson said: “We are glad to have been able to support Stuart on his strategic investment into Subdial. This partnership underscores Stuart’s commitment to supporting innovative ventures within the luxury watch market. We are confident that this collaboration will foster significant growth and mutual success for both parties. This transaction exemplifies the expertise and dedication that Freeths brings to facilitating investments both for investors and companies.”

Stuart Hennell added: “I am thrilled to announce my investment in Subdial, a company at the forefront of the luxury watch market. This opportunity aligns perfectly with my vision for supporting innovative and dynamic ventures. I would like to extend my heartfelt thanks to Freeths for their exceptional legal advice and support throughout this process. Their expertise has been invaluable in making this investment a reality.”

Freeths is renowned for its comprehensive legal services and commitment to client success. The firm’s involvement in this transaction underscores its capability in managing complex, high-value investments and providing top-tier legal advice.