International law firm Pinsent Masons has advised the shareholders of Blackbird Retail Holdings, owner of The Cotswold Company, on its sale to True Capital.

Blackbird Retail Holdings acquired The Cotswold Company in 2009, which is currently one of the UK’s largest online furniture retailers and generates annual revenues in excess of £35m. True Capital will partner with the existing management team to continue to lead the company through its next stage of growth.

The Pinsent Masons team that advised on the transaction was led by corporate partners Tom Leman and Andrew Masraf, supported by solicitors Adam Seymour and Ben Elliott, and working alongside Livingstone Partners and JDC Corporate Finance.

Commenting on the deal Tom Leman said:

"The Cotswold Company has grown significantly over the past few years, as online shopping has become a key platform for retail. We are very pleased to see the deal finalised for our clients and in a short time frame of only eight weeks."