Key Capital Partners invests in Sabotage

Key Capital Partners (KCP) has backed the buy-in management buy-out of Worcester-based street fashion company Sabotage in a £3.6 million deal.

Mike Fell, KCP partner, has joined the board of Sabotage as a non-executive director. He says: ‘Despite the economic downturn and the resulting impact on discretionary spending, men’s fashion continues to experience strong growth, particularly in the area of branded streetwear.’

KCP manages a fund of £100 million. This is its second deal of the year. The investment in Sabotage also includes an element of development capital.

Alongside the investment from KCP, Sabotage’s existing majority shareholders, Harvey Jacobson and the Jacobson family, have also rolled over their exit proceeds from the business in order to continue to support the management team’s business plan.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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