The company’s administrators PricewaterhouseCoopers (PwC) announced the sale on Thursday evening, but the amount paid to take control of the brand has not been disclosed.
PwC said: “We can confirm we have sold the brand and certain other assets to a number of buyers including entrepreneur Peter Jones CBE.”
The part of the deal covering “certain other assets” is understood to mean leftover stock and intellectual property including trademarks and patents.
It is not expected that Jones will reopen Jessops retail stores, but the brand could be a complimentary fit with Expansys, the Aim listed e-tailor of technology products he controls.
When Jessops collapsed earlier this month it closed its 187 branches with the loss of 1,500 jobs.
The firm had suffered in recent years mainly due to competition from online retailers. In 2009, it had managed to avoid administration by agreeing to give some of the company to HSBC in exchange for reducing its debts. Its shares were taken off the stock market as a result.
