Clearwater International advises LeMieux on its investment from LDC
Clearwater International has advised LeMieux, an equestrian brand on its minority investment from mid-market private equity firm LDC, to accelerate international growth and expand its product range.
LeMieux’s products are globally recognised for their quality, durability, technical performance, and design. Originally known for its saddle pads, the brand has since expanded its range into most areas of equestrian equipment, as well as premium rider wear and accessories, creating a signature LeMieux look and colour story.
The brand is sold via over 500 traditional and online retailers in 69 countries and increasingly through its own website. LeMieux’s products are the choice of riders, including multiple Olympic and World Champion Charlotte Dujardin and Rolex Grand-Slam winning showjumper Scott Brash.
The business was founded in 2004 by Lisa and Robert Lemieux, a former professional event rider, British National Champion and Olympian. Following the move to new purpose-built premises in 2019, the business is now on track to generate revenues of almost €26m (£22m) in 2021, having grown by 30% each year since 2008.
LDC is backing LeMieux’s management team, led by Lisa and Robert, to accelerate its growth in the UK and overseas, and further expand its horsewear and rider wear offering.
The Clearwater International team consisted of Partner Richard O’Donnell, Director Karen Edwards, Associate Director Mike Slater and Executive Joshua Gorman.
Robert Lemieux, Founder, LeMieux said: “Over the years we have taken LeMieux from a specialist horsewear business to a globally recognised brand. We knew the time was right to accelerate our rate and scale of growth, which is why partnering with LDC was a natural step for us given their track-record of supporting brands like ours and taking them to the next level. We’re looking forward to the next phase of our growth journey with LDC and the team.”