According to reports, Granville Baird, along with other existing stakeholders, is in advanced talks to exit coffee house chain Balzac Coffee. The interested parties are said to be strategic investors from France and the UK.
GP invested in the clamping tool manufacturer as part of a succession plan for the company
Sale ends an eight-year holding period for EV Private Equity, which bought a 56% stake in the company
Praetura is currently investing from its EIS 2020 Fund, which closed on £7m in February 2020
Cube3 is intended to help Italian investors gain exposure to international investments strategies