Modella Capital Poised to Acquire Wynsors World of Shoes in Potential Year-End Deal

Investment firm Modella Capital is reportedly in advanced negotiations to acquire Wynsors World of Shoes, a move that could be finalised before the close of the year. The potential acquisition marks another significant step for Modella Capital in the retail sector, adding to its portfolio of recent acquisitions.

Key Takeaways

  • Modella Capital is in advanced talks to buy Wynsors World of Shoes.
  • A deal could be completed by the end of the year.
  • Wynsors operates around 50 standalone stores and 40 concessions, employing approximately 440 people.
  • The retailer has been exploring strategic options for two months.

Strategic Acquisition by Modella Capital

Modella Capital is understood to be nearing a deal to purchase Wynsors World of Shoes, a well-established footwear retailer. According to reports, the acquisition could be finalised before the end of 2025. Wynsors, which operates approximately 50 standalone shops primarily in the north of England, alongside about 40 concession sites, employs around 440 individuals. The company has been actively seeking a strategic deal for the past two months, engaging RSM to explore its options.

Wynsors World of Shoes has a particular emphasis on children’s footwear. Recent performance may have been impacted by broader economic measures. Should the acquisition proceed, Wynsors would join Modella Capital’s growing list of retail investments. This year, Modella has already completed deals including TG Jones (formerly WHSmith’s high street chain), Hobbycraft, and The Original Factory Shop. Furthermore, Modella acquired 156 Claire’s stores in the UK and Ireland following the accessories chain’s administration, securing a licence to operate the brand in the region.

Modella Capital was also among the bidders for Poundland, though that business was ultimately sold to Gordon Brothers. The firm has been approached for comment regarding the potential Wynsors acquisition.

Sources