Better Capital is a British Private equity firm founded by Jon Moulton in 2009.[1]
Investments edit
Better Capital has had investments in the following companies:
- In February 2010, Better Capital acquired Gardner Group from The Carlyle Group[2]
- In April 2010, Better Capital acquired Reader's Digest UK from administrators Moore Stephens, backing a management buyout[3][4]
- In July 2011, Better Capital acquired a majority stake of Fairline Yachts[5] in a joint venture with Royal Bank of Scotland[6]
- In April 2012, Better Capital acquired fashion chain Jaeger[7] (entered administration in April 2017)[8]
- In April 2013, Better Capital acquired City Link[9][10] from Rentokil Initial (in administration, December 2014)[11]
- In September 2015, Better Capital sold Fairline Yachts to Wessex Bristol[12]
- In 2012, Better Capital acquired Everest,[13][14] and in 2020 re-acquired the operations of the company in a pre-pack administration deal.[15]
In 2020, the firm delisted from the stock market after their investee companies suffered huge disruption to their businesses during the COVID-19 pandemic.[16]
Former Investments edit
References edit
- ^ "The Team - Better Capital LLP". Bettercapital.london. Archived from the original on 2015-04-29. Retrieved 2015-11-19.
- ^ "Better Capital acquires Gardner Group from Carlyle". www.penews.com. Retrieved 2023-09-03.
- ^ Wray, Richard (2010-04-09). "Jon Moulton buys Reader's Digest UK from administrators Moore Stephens". The Guardian. ISSN 0261-3077. Retrieved 2023-09-03.
- ^ Sweney, Mark (2010-04-09). "Reader's Digest UK bought by Jon Moulton firm in £13m deal". The Guardian. ISSN 0261-3077. Retrieved 2023-09-03.
- ^ "Fairline is bought by Better Capital Limited and RBS - Motor Boat & Yachting". Mby.com. 2011-07-12. Retrieved 2015-11-19.
- ^ "Better Capital injects more at Fairline". Boating Business. Retrieved 2023-08-14.
- ^ "London Fashion Week label Jaeger bought out by Better Capital - Telegraph". Fashion.telegraph.co.uk. Archived from the original on 2015-11-19. Retrieved 2015-11-19.
- ^ Sullivan, Conor (2017-04-10). "Jaeger falls into administration putting 700 jobs at risk". Financial Times. Retrieved 2023-08-15.
- ^ "Rentokil sells City Link for £1 to Better Capital - BBC News". Bbc.co.uk. 2013-04-29. Retrieved 2015-11-19.
- ^ "Rentokil Initial sells City Link to Jon Moulton's buyout group". Financial Times. 2013-04-29. Retrieved 2023-08-10.
- ^ "City Link parcel delivery company goes into administration". BBC News. 2014-12-25. Retrieved 2023-08-10.
- ^ "Wessex Bristol acquires Fairline Boats". Boating Business. Retrieved 2023-08-14.
- ^ https://www.altassets.net/private-equity-news/by-news-type/deal-news/moultons-better-capital-buys-everest-windows-for-25m.html
- ^ "Moulton's Better Capital buys Everest Windows for £25m - AltAssets Private Equity News". Altassets.net. 2012-03-29. Retrieved 2015-11-19.
- ^ Ralph, Alex (2023-08-10). "Pre-pack deal was best bet for Everest". ISSN 0140-0460. Retrieved 2023-08-10.
- ^ "Better Capital trusts delist as Covid-19 presents private equity funds with a new crisis". Citywire. Retrieved 2020-10-03.
- ^ "Better Capital 'frustrated' as Northern Aero sale cleared". Citywire. Retrieved 2019-04-11.
- ^ "BECAP Fund disposes of Gardner Aerospace for £326m | 12 June 2017 | Stock Market Wire". www.stockmarketwire.com. Retrieved 2019-04-11.
External links edit
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