One of the main world costume suppliers to stage and screen stars is in talks to obtain external investments for the first time in its 185 -year history.
Sky News has learned that Angels, which is based in London, works with advisers to raise millions of books on the sale of minority participation in the company.
Kroll, the professional service company, was hired to supervise talks with potential investors, which was nicknamed Project Carousel.
This weekend, the city’s sources said that Angels – which had been founded in 1840 – had launched talks with a number of parties who had investment history in the media and showbusiness industries.
The initial offers would have been submitted in the past six weeks, with current discussions.
The main customers of the company include the BBC, Netflix, the main video of Amazon, Paramount Pictures and the Walt Disney Company.
He saw his financial performances struck hard by the pandemic, then the strikes of Hollywood writers and actors in 2023, which brought a large part of the cinema and television industries to the stop.
Angels has crossed seven generations of family ownership and is currently chaired by Tim Angel, a former president of Bafta.
The company was founded by Daniel Angel, who had arrived in London de Frankfurt in 1813 and created a barrow selling second -hand clothes.
Years later, when an actor asked if he could rent a costume rather than buy it to Mr. Angel, his rental company took off, according to a history of the company published online.
Notable moments in the history of the angels included being called in the 1920s to straighten the collection of Waxworks of Madame TuSAUDS after the locals were destroyed by fire.
The company provided costumes for 47 best nautical nauticals, notably Hamlet, Doctor Zhivago, Star Wars, Chariots of Fire, Braveheart, The English patient, Shakespeare in Love, The Great Gatsby and The Grand Budapest Hotel.
He also played a role providing 37 best BAFTA winners, according to information disseminated by Kroll to potential investors.
In 2016, Angels himself received a BAFTA for an exceptional British contribution to the cinema.
The collection of Angels costumes is over a million articles, which would extend over more than ten miles if they were suspended next to each other.
Its former headquarters on Shaftesbury avenue in London is now a costume shop with costumes available for rental.
“Our industry has gone through some of its most difficult years, by Covid and Strikes to the Fire, at some point, leaving more than 80% of our unemployed sector,” said Jeremy Angel, director of angels.
“We supported our staff, protected the company and succeeded.
“We are now optimistic with many new productions and government incentives arriving (and are looking for) a small investment to help us grow and continue to support designers, directors and actors, just as we did since my family founded the company in 1840.”
Angels would have recorded a loss during its last financial year, but provides for a return to profitability in 2026, according to the figures provided by Kroll to the interested parties.