Professionals: Private equity house makes multi-million pound investment; Corporate finance team advise on major acquisition of European manufacturer
Leeds-based private equity house Key Capital Partners (KCP) has acquired a majority stake in a fast growing online retailer of building materials, Plymouth-based Construction Materials Online (CMO) which operates retail sites supplying DIY builders and small building contractors.
KCP has backed the MBO of the £25m revenue firm that employs 40 staff and has grown sales through its websites by 55% in the last 12 months.
The investment, led by Mike Fell, Philip Duquenoy and James Excell, is the second from KCP’s new fund and mar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
