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Benchmark International Successfully Facilitated the Transaction Between Rainham Coach Co Ltd and REL Capital Partners LP

Benchmark International is pleased to announce the transaction between Gillingham-based Rainham and London-based REL Capital.

Rainham is a coach and minibus hire company, operating several contracts alongside private hire and tour work. It has a modern fleet of vehicles and two sites in Gillingham.

REL Capital  is a UK private investment company that purchases, invests, and operates a number of businesses across a variety of sectors.

Post-sale, Rainham will be operated by REL Redwing, which REL Capital took over in February 2022.

Exit your business the smart way

Representing a retirement sale for former owners, the Graham family, the Rainham business will be led by Tom Maidman, director of REL Redwing, and his team.

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Coach Bags Kate Spade

New York design house of modern luxury accessories and lifestyle brands, Coach Inc has acquired its rival Kate Spade & Company for $2.4 billion, a figure “not justified strictly by the numbers” according to the New York Times.

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A New Year sale for Kate Spade

Earlier this month, the Wall Street Journal reported that US-based handbag and apparel designer Kate Spade is considering a potential takeover bid. The news comes just a couple of months after a US hedge fund, Caerus Investors, urged the fashion house to consider a sale in light of the falling price of its stock when compared to its peer group.

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