Gym goers switching from low-cost rivals help Total Fitness ‘significantly exceed’ pre-Covid levels February 19, 2024 Gym goers switching from low-cost rivals has helped membership at Total Fitness "significantly exceed" record levels seen prior to the Covid-19 pandemic.
Inflation and cost rises bring losses near £50m at Harringtons pet food maker February 16, 2024 A rise inflation and costs contributed to losses nearing £50m at the company behind the Harringtons pet food brand during its latest financial year, it has been revealed.
Shift: The Yodel deal orchestrator backed by Sir Andy Murray and the Duke of Norfolk February 13, 2024 All you need to know about Yodel's new owner which is backed by Sir Andy Murray and the Duke of Norfolk.
The Body Shop: Why the high street icon is facing administration and what the future holds February 12, 2024 Why The Body Shop, an icon of the British high street, is facing an uncertain future as it prepares to enter administration.
Fund managers bullish on private equity in 2024 despite sector headwinds February 6, 2024 A key survey of private equity funds has found most managers are bullish for the year ahead despite the challenges facing the sector. In a study from Carne Group, which surveyed over 200 fund managers that collectively manage $1.6trn, private equity was selected by respondents as the most popular alternative investment. 28 per cent expected [...]
Private equity trust Hgcapital reports asset value growth, throwing off sector concerns February 5, 2024 Private equity trust Hgcapital has sold various stakes in businesses at a 25 per cent premium, defying sentiment around exiting positions.
Private credit lenders might be storing up future problems, Bank of England official warns January 29, 2024 Foulger said some of the actions to support borrowers "delay or mask" vulnerabilities rather than addressing underlying issues.
Lloyds Bank private equity arm exits London-based tech firm January 25, 2024 Lloyds Bank’s private equity arm LDC has exited its investment in London-based cloud and digital services provider Kerv after three years in the firm. As part of the transaction, Bridgepoint Development Capital has invested in Kerv for a majority shareholding and LDC has reinvested £30m to support the continued growth of the business. Within the [...]
Private equity dealmaking slumped 20 per cent as UK financial services bucked trend January 24, 2024 Throughout the entire market, it reported that deals had fallen even more significantly, dropping from 1,802 in 2022 to 1,451.
Private equity-owned firms facing pressure over ‘poor’ human rights and ESG transparency January 19, 2024 Private equity-backed companies are under pressure to improve “poor” reporting on areas like human rights and social impact amid a global pull-back from environmental, social and governance [ESG] standards over the past year.