Mohsin Issa, co-owner of a major supermarket chain, ventures into the investment sphere with a new fund targeting innovative UK start-ups.
- Issa and his partner, Victoria Price, have founded Boulder Investco, focusing on promising second-hand clothing and nutrition businesses.
- The fund aims to support entrepreneurial enterprises through significant financial backing and strategic guidance.
- GoThrift and Applied Nutrition, two rapidly growing companies, have already received substantial investments from Boulder Investco.
- Issa’s investment journey marks a new chapter post his leadership role in the supermarket sector.
Mohsin Issa, renowned for his achievements in the supermarket industry, is now turning his attention to the dynamic world of start-up investments. Partnering with Victoria Price, he has launched Boulder Investco, an offshore entity registered in Jersey. This venture reflects Issa’s strategic shift towards fostering innovation within fast-paced UK businesses.
Issa and Price’s new investment vehicle has already made waves by acquiring a substantial stake in GoThrift, a Manchester-based second-hand clothing platform. This move aligns with the rising trend in sustainable fashion retail, capturing the attention of eco-conscious consumers.
Additionally, Boulder Investco has committed £10 million to Applied Nutrition, a Liverpool-based company specialising in protein powders and recently listed on the stock market. This investment underlines Issa’s confidence in the health and wellness sector’s growth potential.
Notably, Issa’s brother, Zuber, known for their joint ventures such as the EG Group, is not involved in this new initiative. This marks a distinct direction for Mohsin Issa, focusing on solo business support alongside Price, who lends her expertise from Alvarez and Marsal’s private capital division.
Expressing her enthusiasm, Price commented, ‘These investments are aligned to my passion for working with entrepreneurial businesses in the UK,’ highlighting their shared vision in nurturing local talent and innovation.
Mohsin Issa’s new venture through Boulder Investco signals a strategic commitment to fostering entrepreneurial growth in the UK’s start-up landscape.
