Auction house Bonhams is no stranger to sales, but it has now revealed its own.
Bonhams has been sold from private shareholders to Epiris Fund II, a private-equity fund based in London.
This is the fund’s fourth investment and, unsurprisingly, the terms of this deal are confidential.
The announcement comes hot on the heels of Bonhams’ Quail Lodge sale last month, during Monterey Car Week, where 110 cars crossed the block making $37.7m (just shy of £30m). The top lot was a 1948 Alfa Romeo 6C 2500 Competizione Coupé ($3,525,000/£2,745,670).
L-R: this Alfa works racer was Bonhams’ top lot on 24 August; the auction house has more than 250 sales a year
Founded in 1793, the company has grown to become the largest auctioneers in the world, with salerooms across the globe, including London, Los Angeles, New York and Hong Kong.
