Key Capital Partners exit fast-growing recruitment firm Siamo Group
Key Capital Partners exit educational catering business Alliance in Partnership
Key Capital Partners exit MI Glass
Private equity house Key Capital Partners (KCP) has exited its interest in Gear4Music, selling its remaining shares for £9m. The £55m turnover online musical instrument retailer has seen tremendous growth in recent years following KCP’s backing in 2012 when it took a 30% stake in the company. Following the sale of KCP’s remaining stake, and earlier partial exits, KCP has achieved a five times money multiple.
WHP Group, a major provider of support services to the mobile telecoms sector, has completed a £38m secondary buyout to Palatine Private Equity, which sees Key Capital Partners (KCP) achieve a 4.1x return on exit. Warrington-based WHP, which currently employs over 275 staff, provides end-to-end services for the deployment, upgrade and maintenance of mobile network.
Private equity house Key Capital Partners (KCP) has achieved a 3.8x return following the sale of bespoke furniture retailer Neville Johnson Group in a secondary management buyout to London-based Alcuin Capital Partners. Neville Johnson Group, which trades under its Neville Johnson and Tom Howley brands, is a leader in the luxury market for premium furniture.
Key Capital Partners (KCP) has exited its investment in Nurse Plus to a secondary MBO funded by Sovereign Capital. The management team was led by Nurse Plus CEO Heath Blake and MD Pamela Bruce. The transaction gives KCP a 5x return on its original investment and represents the firm’s third successful exit in 2014 following.