On 5 June Shawbrook Group received a revised takeover bid of £868m from Marlin Bidco, a company owned by private equity firms BC Partners and Pollen Street Capital Limited. This joint takeover bid was “final and not to be increased”.
New research by Alix Partners sought to identify why, as of late, private equity businesses are getting rid of portfolio company CEOs within two years.
Driven by private equity backing, now is a time of great opportunity for individuals looking to claim their place within the fast-moving consumer goods world.
With inward investment into the UK food and drink industry at a three-year high, and Kraft Heinz’s short-lived Unilever takeover bid fresh in the minds of consumer and FMCG business owners, private equity funding is an increasingly viable option for many fast-growth firms.
The co-founder of British lingerie brand Agent Provocateur has attacked the private equity backers which bought his business, saying the firm “will never recover” from letting it slide into administration.
Outdoor clothing and equipment business GO Outdoors has been sold to JD Sports Fashion for £130m, providing a large realisation for its private equity backer.
A desire to have Travel Counsellors famous for its customer service is driving Steve Byrne on, as he’ll be revealing in his entries for Founders Diaries.
Turkey goods business Bernard Matthews has been sold by existing private equity backer Rutland Partners through a deal which sees 2 Sisters Food Group become its new owner.
Britain has a rich history of producing strong consumer brands, but very few have had as much impact in such a short amount of time as crisps business Tyrrels.
The mummy blogger community has grown significantly over the years and now it’s time for the rise of the “mummy vlogger,” according to Netmums co-founder Siobhan Freegard, who has sealed a £2m investment for video blog Channel Mum.
Bhanu Choudhrie is a director at London-headquartered private equity firm C & C Alpha Group, which has investments globally. And while money isn’t a problem for him now, his humble beginnings in unpaid jobs, such as car valet for his father, means he understands the true value of money as an investor.
1995-launched private equity firm Livingbridge has raised a £660m investment pot, known as Livingbridge 6, which it will use to back British fast-growth SMEs from a range of sectors.