Alchemy Partners has tabled a £52.4m bid for AIM-listed real wood and laminate flooring specialist Floors-2-Go Plc. The offer of 40p per share through a bid vehicle advised by Close Brothers Corporate Finance represents a 53.8% premium to the closing price of Floors-2-Go shares before the start of the offer period on 31 October 2006.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses