Barclays Ventures has backed the buy-in management buy-out (BIMBO) of Howorth Airtech. The funding package totals £12.5 million with senior debt and working capital provided by Royal Bank of Scotland.
Former chief executive of Moss Bros and Bluewater Adrian Wright has led a buy-in management buyout of menswear retailer The Speciality Retail Group backed by Gresham Private Equity.
