Better Capital LLP
Better Capital sells ATH debt after 3-month holding
Better Capital has reaped €5m after selling its debt holding in struggling coal mining business ATH Group.
HMV attracts private equity interest
A number of private equity firms have contacted HMV’s administrator Deloitte regarding a potential acquisition of the stricken firm, according to reports.
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 €100m turnaround fund to invest in distressed Irish businesses.
Better Capital’s Reader’s Digest to undergo restructuring
Better Capital portfolio company Reader’s Digest UK is to undergo a restructuring via a company voluntary agreement (CVA).
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 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.
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.
Better Capital acquires 90% of Jaeger Group
Better Capital has bought a majority stake in UK fashion house Jaeger Group for £19.5m.
Better Capital buys Everest for £25m
Turnaround specialist Better Capital has acquired a 95% in stake in UK-based home improvement products manufacturer Everest in an all-equity, £25m transaction.
Rethinking LP funds
Alternatives to LP funds, such as listed private equity and deal-by-deal, are all gaining in popularity as their merits become more obvious in today's backdrop. Kimberly Romaine reports
Moulton: Industry mergers to create fewer, larger players
A tumultuous few years as well as increased legislation will lead to the consolidation of the industry into a smaller number of larger buyout houses via mergers. Unquote’s Kimberly Romaine talks to Jon Moulton, Chairman of Better Capital.
Better Capital acquires Fairline Boats from 3i
Better Capital has invested £16.6m to acquire a majority stake in Fairline Boats through a recapitalisation deal.
Better Capital acquires Spicers for £40m
Better Capital has invested £40m to acquire UK and Irish stationery and office product supplier Spicers.
High street blues
Department stores chain TJ Hughes, acquired by turnaround investor Endless in March, is due to appoint administrators in the coming days. Endless managing partner Gary Wilson talks to Greg Gille about the difficulty of rescuing the business amidst a gloomy...