IGF celebrates successful exit following Jacobson Group acquisition by Marubeni

Independent Growth Finance (IGF) has marked the successful conclusion of a six-year funding partnership with footwear business D. Jacobson & Sons following the company’s acquisition by Japanese trading and investment group Marubeni Corporation.

The specialist independent finance provider said the transaction demonstrates the role flexible asset-based lending can play in supporting businesses through periods of growth before they move on to the next stage of their development.

Founded more than 40 years ago, Jacobson Group owns a portfolio of well-known British footwear brands including Gola, Lotus and Ravel. The business has built an international presence, supplying major retailers across the UK, Europe and North America.

IGF first partnered with Jacobson Group in 2020 after an introduction by KPMG, providing a flexible asset-based lending facility to support the company’s growth ambitions and working capital requirements. Over the course of the relationship, the facility was adapted to meet the changing needs of the business as it expanded its operations and brand portfolio.

During the partnership, Jacobson strengthened its international distribution network while continuing to develop its heritage brands. Gola, originally founded in 1905 and renowned for its sporting heritage, continued its resurgence as demand for heritage lifestyle brands increased across global markets.

The next stage of the company’s growth came in January 2026 when Marubeni Corporation acquired the business, providing access to significant international resources and investment to support future expansion while maintaining the heritage of its brands.

Following the acquisition, Jacobson no longer required a standalone funding facility, bringing its relationship with IGF to a close at the end of June.

“Over the last six years, we have had the privilege of supporting an exceptional management team as they continued to grow and strengthen a fantastic British business. While we’re naturally sorry to see them leave, the reason they’re leaving is exactly the kind of success we want for our clients.

“The acquisition by Marubeni is a tremendous achievement for everyone involved and a reflection of the quality of the business that Harvey Jacobson and the wider team have built. We are proud to have played a part in that journey and wish them every success for the future.”

Gary Shutt, Finance Director at Jacobson Group, added: “IGF has been a highly supportive funding partner to Jacobson Group over the past six years, providing the flexibility and understanding we needed as the business continued to develop its brand portfolio, expand internationally and respond to changing market conditions.

“The facility played an important role in giving us the working capital confidence to pursue our growth ambitions, and IGF’s pragmatic approach made them a valued partner throughout that journey.”

Howard Smith, Managing Director at Interpath, which supported the refinancing to IGF, commented: “We are delighted for Harvey and the team on this very successful outcome. The Jacobson team have proved great custodians of the Gola brand, together with a number of other leading footwear brands including Lotus and Ravel. We wish them all the best for the future as they embark on this new chapter.”

The transaction highlights the role specialist asset-based lenders continue to play in supporting mid-market businesses through periods of growth, helping management teams access the working capital needed to expand, invest and respond to changing market conditions. For IGF, the successful exit underlines its strategy of partnering with businesses throughout their growth journey, from initial funding through to significant corporate milestones such as acquisitions and refinancing.