The corporate team at Bath-headquartered law firm Royds Withy King has provided equity investment support to the local entrepreneurs behind a new kitchen, food market and lifestyle store due to open this summer.
Called Teals, the venture on the busy A303 at North Cadbury in Somerset aims to connect local communities to local producers.
It will also provide the first electric car-charging and single-use plastic-free store on the major road, one of the main holiday routes between London to the West Country. 
The investment is enabling Teals directors Nick and Ash Sinfield to establish the business, which they anticipate will make a meaningful contribution to the rural economy.
Nick is a lawyer-turned-entrepreneur and former managing director of Bath-based upmarket boot firm Duo while Ash is a marketeer who worked in TV before joining Duo, where she was brand manager. The couple have also run their own marketing advice agency.
Royds Withy King partner Katharine Mortimer, who heads its corporate & commercial team in Bath, advised Teals on the deal.
Katharine, pictured, who has particular expertise in advising on all aspects of employee share option schemes, said: “We’re delighted to have been involved in advising our long-standing client on the terms of this equity investment.
“We have a proven track record in working with entrepreneurs. However, it’s particularly exciting to use our private equity investment expertise to support Nick and Ash on such an innovative business with solid green and sustainable credentials.”
Royds Withy King is also advising the team on the property transaction. The deal was assisted by West of England accountancy firm Old Mill.
Nick Sinfield said: “We’re hugely excited to be bringing this new store to North Cadbury. It gives us a great platform on which to celebrate the abundance of brilliant local producers and makers and offer nearby towns and villages an alternative to supermarkets.
“I’d like to thank the Royds Withy King team for all their amazing work. It’s been brilliant having their expertise and support, and I have loved working with them.”
Financial details of the deal have not been disclosed.
