Memoir-writing business sold

The sale of the firm – which conducts personal interviews with its customers to create personalised, autobiographical life stories put into the form of a book – has secured the transfer of its 17 employees with all unfinished memoirs.  

It required additional investment to continue trading and although the founders were agreeable to providing further investment, the proposed terms were not agreed. Additionally, there was little appetite among the other investors to put further funding into the business.  

In November last year, the company engaged Resolve to start an accelerated marketing campaign and, while there was interest from certain private investors, no offers were received. As such, the directors – Roy Moed and Yvette Conn – put forward an offer to purchase the company’s business and assets, which was subsequently accepted.  

ReSolve partner Simon Jagger said: “We are delighted to have secured the future of this unique UK-based business. Being able to pass on a lifetime of memories is a gift and we look forward to watching Roy and Yvette take this business to the next phase.” 

LifeBook director Roy Moed added: “On behalf of myself and everyone at LifeBook I would like to thank the team at ReSolve for helping to secure the future of our beloved business.  

“This has been a difficult process, but I believe that with the right investment, this business can go from strength to strength. We hope to help more people tell their life stories.” 

Hilco acted as valuation agent and Kingsley Napely as legal counsel on behalf of ReSolve, while Blake Morgan acted as legal counsel on behalf of the purchaser.