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Better Capital LLP

UK government intervenes in sale of Better's Northern Aerospace
UK government intervenes in sale of Better's Northern Aerospace

Better Capital agreed to sell the business to former portfolio company Gardner, now Chinese-owned

  • Exits
  • 20 June 2018
Better Capital extends 2009 fund term
Better Capital extends 2009 fund term

BECAP Fund will now run to the end of 2019, with a further one-year extension possible

  • Funds
  • 25 April 2018
Better Capital reaps 7x on £326m Gardner sale to SLMR
Better Capital reaps 7x on £326m Gardner sale to SLMR

Aerospace components manufacturer was the GP's maiden investment and generated ТЃ254.1m in net proceeds

  • Exits
  • 13 June 2017
Better Capital-backed Jaeger enters administration
Better Capital-backed Jaeger enters administration

Development comes a week after the GP reportedly sold the retailer's debt to Edinburgh Woollen Mill

  • Exits
  • 11 April 2017
Better Capital in exclusivity over £326m Gardner sale
Better Capital in exclusivity over £326m Gardner sale

Sale price would be above the figure sought for the aerospace company when it was first put up for sale

  • Exits
  • 18 November 2016
Better picks up CAV for £40m

Aerospace business will not be combined with Gardner Aerospace

  • UK / Ireland
  • 24 March 2015
New UK players going back to private equity's roots
New UK players going back to private equity's roots

New UK players have adopted an innovative approach to traditional values

  • Fundraising
  • 11 March 2015
Agathos sets up shop with £20m fund

Former Rcapital and Better Capital investors launch new London-based fund

  • UK / Ireland
  • 19 January 2015
Better Capital buys Intertain's debt

Capital commitment includes allocation for future funding requirements

  • UK / Ireland
  • 10 November 2014
Trophy investments: Land and sea
Trophy investments: Land and sea

Trophy investments

  • Consumer
  • 10 September 2013
Better Capital raises £185.6m

Better Capital has raised ТЃ185.6m via a share issuance for the firmтs 2012 Cell, listed on the main market of the London Stock Exchange.

  • Funds
  • 13 August 2013
Better Capital hires Richard Favier
Better Capital hires Richard Favier

Richard Favier, Better Capital

  • People
  • 05 August 2013
Better Capital posts 42% NAV growth

Listed private equity firm Better Capital has posted 42.08% value growth combined NAV and distribution for Fund I.

  • Credit/Special Situations
  • 28 June 2013
CD&R in potential Balfour and Rentokil deal

Clayton Dubilier & Rice is in talks over a potential merging of the office maintenance business of Balfour Beatty and Rentokil Initial.

  • Support services
  • 04 June 2013
Turnaround deals hit five-year low
Turnaround deals hit five-year low

Turnaround deals

  • Restructuring
  • 22 May 2013
Better Capital acquires City Link for £1

Turnaround player Better Capital has bought UK courier company City Link Ltd from Rentokil Initial plc through its Becap12 fund for a symbolic ТЃ1.

  • UK / Ireland
  • 29 April 2013
Moulton predicts 10x increase in dealflow
Moulton predicts 10x increase in dealflow

Q&A: Jon Moulton

  • UK / Ireland
  • 14 March 2013
Better Capital sells ATH debt after 3-month holding

Better Capital has reaped тЌ5m after selling its debt holding in struggling coal mining business ATH Group.

  • UK / Ireland
  • 04 March 2013
HMV attracts private equity interest

A number of private equity firms have contacted HMVтs administrator Deloitte regarding a potential acquisition of the stricken firm, according to reports.

  • UK / Ireland
  • 16 January 2013
Better Capital in joint venture with NPRF

Better Capital and the National Pensions Reserve Fund of Ireland (NPRF) have agreed to join forces and create a тЌ100m turnaround fund to invest in distressed Irish businesses.

  • UK / Ireland
  • 09 January 2013
Better Capital's Reader's Digest to undergo restructuring

Better Capital portfolio company Readerтs Digest UK is to undergo a restructuring via a company voluntary agreement (CVA).

  • UK / Ireland
  • 07 January 2013
Better Capital still trades above NAV

Listed PE firm Better Capital has continued to trade above its NAV per share in the six-month period ending on 30 September 2012.

  • UK / Ireland
  • 27 November 2012
UK sports retailer JJB goes under

Ailing UK-based sporting goods retailer JJB Sports has called in administrators and is likely to be sold in a pre-pack deal.

  • UK / Ireland
  • 25 September 2012
Better Capital offers to buy JJB debt

Better Capital, the turnaround firm headed by Jon Moulton, is reportedly looking to buy the debt of struggling UK retailer JJB Sports.

  • UK / Ireland
  • 13 August 2012
12
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