International legal practice Osborne Clarke has advised Rush Hair Limited’s management and shareholders in an equity release transaction that was backed by a £16m investment from private equity house LDC.

Launched over 22 years ago by hairdressers Andy Phouli and Stell Andrew, Rush is a nationwide hairdressing chain with 85 branches. The business employs over 1,100 stylists and beauticians and serves over 13,000 customers a week. LDC’s investment will increase its market position, supporting a drive to double the number of stores in the next four years.

The Osborne Clarke team that advised on the transaction was led by Partner Sara Valentine, who was assisted by Senior Associate Caroline Drummond, Associate Director Mike Freer and Associate Katie Carter.

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