UK - Penta Capital leads £10m equity funding round in retail chain's 147 UK stores

InternaУЇionale Holdings Ltd, the Glasgow-headquartered retailer which owns 147 Au Naturale and InternaУЇionale stores throughout the UK, has been acquired in a management buyout worth ТЃ45m. InternaУЇionaleт€™s senior management team of Norrie Stewart, David Milton, Gerard Gavan and Graham Clements т€“ backed by a private equity syndicate led by Penta Capital and Barclays' Scottish leveraged finance team т€“ have purchased the business from its founder Ken Cairnduff, who originally launched the chain as Razzle Dazzle in 1979.