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Blue Sky backs Shoes of Prey

Updated

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High profile start-up Shoes of Prey is contemplating a sale of its business following a bridge financing round led by a Blue Sky Alternative Investments fund.

Street Talk has learnt the online retailer, which allows customers to design their own shoes, has engaged boutique investment bank Ohana & Co to run a dual track process. The company is considering a financing or a sale, to be completed by mid-year.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com

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Original URL: https://www.afr.com/street-talk/blue-sky-backs-shoes-of-prey-20180520-h10bad