Barclay family’s Very Group snapped up by US private equity giant Retail Online retailer The Very Group has been snapped up by a US private equity giant, ending an over 20 year tenure of ownership under the Barclay family. The group will now be controlled by Washington-based Carlyle alongside Abu Dhabi-based investment fund International Media Investments (IMI). It marks the latest offshoring of businesses for the Barclay [...]
Adanola valued at £400m as Kendall Jenner favourite sells stake Retail Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, has been valued at around $530m (£398m) after securing a new backer. Story3 Capital Partners has acquired a minority stake in the Manchester-based label which was founded by Hyrum Cook in 2015. Other well-known personalities who are fans of [...]
Inspired latest to attract private equity takeover bid Business Energy and sustainability consultancy Inspired has agreed to a £183.6m all-cash takeover from US private equity firm HGGC, marking a sharp turn in the firm’s M&A saga after previously rejecting a rival bid from Regent Acquisitions. HGGC will make the acquisition through a newly formed vehicle, Intrepid Bidco Limited, offering 81p per share – a [...]