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Better Capital
Better Capital is a British Private equity firm founded by Jon Moulton in 2009. Investments Better Capital has had investments in the following companies: * City Link (in administration, December 2014) * Everest * Fairline Boats (sold to Wessex Bristol in 2015) * Jaeger (entered administration in April 2017) In 2020, the firm delisted from the stock market after their investee companies suffered huge disruption to their businesses during the COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif .... Former Investments *Northern Aerospace Limited References External links Official website Private equity firms of the United Kingdom {{private-equity-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their investme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jon Moulton
Jon Moulton (born 15 October 1950) is a British venture capitalist. He is the founder and managing partner of the private equity firm Better Capital, and is the former managing partner of the private equity firm Alchemy Partners. He is an active private investor and has been working in private equity since 1980. Moulton regularly writes, broadcasts and speaks on corporate finance and financial matters. His career has also included spells running Citicorp Venture Capital, Schroder Ventures (Permira) and the buy-out group of Apax, as well as being a director of numerous public and private companies. According to The ''Sunday Times Rich List'' in 2019, Moulton is worth £182 million. Early life Moulton is originally from Stoke-on-Trent, and suffered ill health at an early age due to the coal smoke in the area. He was educated at Hanley High School and Lancaster University, where he took a degree in chemistry. He then trained as a chartered accountant with Coopers & Lybrand in Liv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Link (company)
City Link was a British next day courier company, operating from 1969 to 2015. It was based in Coventry, West Midlands with offices in other parts of the country. On 24 December 2014, the company entered administration. Ernst & Young (EY) was appointed as the administrator, and immediately ceased accepting parcels from customers. City Link officially ceased trading on 1 January 2015. History City Link was founded in 1969 as a subsidiary of Orbit Cargo Services Ltd, to provide a cross town transfer service for British Rail's Red Star Parcels. At the time, Red Star only operated on direct passenger trains, so a sender in Brighton could not dispatch a parcel to Norwich, as a transfer had to be undertaken in London between Victoria station and Liverpool Street station. In addition, the Red Star service was limited to station to station only and following increasing demand from its customers, City Link established a nationwide network of franchised agents to collect parcels fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everest Home Improvement
Everest Home Improvement was a British double glazing and home improvement company. The company was founded in 1964 but went into administration in June 2020. A new company called Everest 2020 limited was formed in June 2020 following the administration, saving 1,000 jobs in the process. History Everest was founded by Lewis Golden in 1964. It became one of the first companies in the market of double glazing. In what became a very fragmented market, with over 3,000 companies, the company grew to become the second biggest in the UK market by sales and turnover with 2.5% of the market (£165m sales) by 2009, later rising to 3%. Private Equity firm Better Capital acquired the company in March 2012 for £25 million. In November 2013, the company won the Interactive Media Awards in content, design, functionality, high standards of compliance and usability. In 2014, Everest windows introduced triple glazing to the volume market. Everest Windows were awarded Sales Team of the Year run ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairline Boats
Fairline Yachts is a British manufacturer of luxury motor yachts. Started in 1963 by Jack Newington, the company builds motor yachts in Oundle, Northamptonshire. History Newington family The company started when Newington bought a series of gravel pits on the River Nene and built the Oundle Marina. In 1967 he launched the first Fairline boat, a handcrafted glass-reinforced plastic river cruiser. When Newington's son Sam, a former Royal Air Force pilot and Columbia University MBA graduate, took over in 1971, the company employed fourteen people. Sam expanded the company's sales network overseas to take advantage of the expanding Mediterranean market place – by 1979 the company employed 140 people and turned over £5 million, with production expanded by the success of 1977's Fairline 40 model. The company expanded in the 1980s developing lines of high speed cruising yachts. In 1986, Fairline was awarded the Queen's Award for Enterprise: International Trade. When Sam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaeger (clothing)
Jaeger ( ) is an English fashion brand and retailer of womenswear and menswear. Traditionally known for a classic 'twinset and pearls' image and the use of high-quality natural fibres, it has focused on updating its brand image since 2008, when it first appeared at London Fashion Week. Formerly owned by the retail entrepreneur Harold Tillman, the company was purchased in 2011 by the private equity firm Better Capital. In 2017, it was announced that Jaeger had entered administration. It was subsequently reported that Edinburgh Woollen Mill was buying the Jaeger brand, but not the company itself. In January 2021, it was announced that Marks & Spencer was acquiring the Jaeger brand, but not Jaeger's stores, for £5 million. Company history Jaeger was established by British businessman Lewis Tomalin as 'Dr Jaeger's Sanitary Woollen System Co Ltd' in 1884, capitalising on a craze for wool-jersey long johns inspired by the theories of German scientist Dr Gustav Jaeger. Jaeger's wr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
