NVM Private Equity has led a £5 million growth capital minority investment into Manchester-based CURRENTBODY, an online retailer for home-use beauty devices.  

Dow Schofield Watts Transaction Services advised NVM on the deal, which will help support the company in its next phase of expansion and its working capital requirements. 

Co-founded by Laurence Newman and Andrew Showman, CURRENTBODY is the only website specialising in beauty devices for home use and was recently named number 22 in the Northern Tech 100 ranking of the fastest growing tech companies in the North. 

Liam May, Investment Manager of NVM Private Equity said: CURRENTBODY has enjoyed exceptional growth over the past few years, driven by an energetic and ambitious management team with a deep understanding of the beauty market. We are excited to support the company’s next phase of growth, establishing itself as the market leading e-commerce platform for beauty devices in the UK and across the globe.”  

Ed Brentnall and Jeff Gardner of Dow Schofield Watts provided financial due diligence for NVM.