LDC has led a secondary buy-out of Ocean Outdoor on the back of the business increasing its revenue by three-fold during Smedvig Capital's four year involvement.
Mid-market private equity investors RJD Partners have backed the £30 million buy-out of Intrinsic Technology from its founder and majority shareholder Allan Gauld.
In the first six months of the year, private equity houses showed their appetite for food sector deals, according to a report by accountant and business adviser PKF.
The developer of a system allowing art gallery visitors to purchase prints via the internet has been acquired by turnaround specialist RCapital for an undisclosed sum.
The UK buy-out market has hit a record high of £8.5 billion for the first nine months of 2007, already 45 per cent higher than the whole of 2006, according to data from the Centre for Management Buy-out Research (CMBOR).
Spectacular returns can be achieved through an MBO. Nevertheless, some of the deals currently under consideration could well end in failure due to basic errors in judgement.
Swift Technical, a specialist recruitment and relocation firm servicing the oil and gas sectors, has been acquired by its management in a deal backed by Gresham Private Equity.
