ReSolve completes Lifebook sale

Boutique business advisory ReSolve has announced that they have completed the sale of Lifebook Ltd, a privately owned memoir writing company.

The company required additional investment to continue trading and whilst the founders were agreeable to providing further investment, the proposed terms were not agreed. According to ReSolve there was “little appetite” amongst the other existing investors to put further funds into the business.

There was interest from certain private investors, however no offers were received. In the absence of an offer, the directors, Roy Moëd and Yvette Conn put forward an offer to purchase the company’s business and assets, which was subsequently accepted and the sale completed on Friday 9 December 2022.

The sale has secured the transfer of the company’s 17 employees to the new company together with all unfinished memoirs that were at risk of remaining incomplete.

Simon Jagger, partner at ReSolve, 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.”

Roy Moëd, director at LifeBook, added: “On behalf of myself and everyone at LifeBook I would like to thank the team at ReSolve for helping us 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.’’