UK - Barclays Ventures exits ChipsAway in £20m deal
Barclays Ventures has achieved a 3x return from the disposal of Edwin Investments Ltd. The business, which trades as ChipsAway Group, is an automotive services franchise group. It has been acquired by Myhome in a deal worth up to £20m. The exit generated an IRR of 33%.
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Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
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