Paperchase sent greetings from potential buyers October 12, 2014 HIGH street stationery chain Paperchase has brought in advisers to help with a potential £150m sale of the business after receiving approaches from several suitors. Paperchase is owned by private equity firm Primary Capital, which acquired the business four years ago in a management buyout from the now defunct US book chain Borders. The retailer [...]
Britain’s biggest companies call on Westminster for fundamental business rates reform September 16, 2014 Some of Britain's biggest businesses including Marks & Spencer, Sainsbury's, Tesco, General Motors and Tata Steel have called on the government to rip up the current business rate regime claiming the current system is “a critical problem for all of British business”. The controversial tax delivers around £25bn to the Treasury every year, but [...]
On his naughty list? Revenge of Secret Santa December 19, 2012 A DISTURBING Christmas survey from NPW, the supplier of impulse purchase products to high street stores such as John Lewis and Paperchase. The firm’s Christmas elves told The Capitalist that not only do a third of us now enter into office present-giving via a mystery Father Christmas, but 32 per cent of chief executives use [...]
BORDERS TO SELL PAPERCHASE July 13, 2010 US BOOK retailer Borders yesterday agreed a deal to sell UK-based stationery group Paperchase to private equity group Primary Capital for $31m (£20m). Borders plans to use the proceeds from the sale to reduce debt levels. Borders acquired a majority interest in Paperchase in 2004. It said the deal to sell the business should be [...]