Buy-out and development capital specialist ECI Partners has sold its interest in Tragus Holdings generating an impressive five times return on its original £11 million investment, in just two years.
Buy-out and development capital specialist ECI Partners has sold its interest in Tragus Holdings – operator of the Café Rouge and Bella Italia restaurant chains – generating an impressive five times return on its original £11 million investment, in just two years.
In spite of this success, ECI is not content to rest on its laurels, spokesman Richard Chapman explaining that the profits from this and seven other recent exits will be used to underpin its latest fund. ECI is looking to raise just over £200 million for this investment vehicle over the course of the year.
18/1/05