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3i To Buy Go Outdoors Stake For £28M
3i Group will acquire a stake in Go Outdoors for about £28 million from YFM Equity Partners.
3i Groupwill acquire a stake inGo Outdoorsfor about £28 million fromYFM Equity Partners,金融时报》reports. The investment will help the retailer expand its network of outlets to 70 by 2015.
3i had appointedAddleshaw Goddardfor advice, while Go Outdoors was advised by law firm,Pannone, andPricewaterhouseCoopers. Venture capital firm, YFM Equity Partners, backed its original buyout by management in 1998.
Click here for the story from金融时报》.Click here for the additional coverage fromYorkshire Post.