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OpCapita
OpCapita is a British private equity firm specialising in the retail, consumer and leisure industries. The firm invests in underperforming businesses that require operational support to improve profitability and create long-term, sustainable value. OpCapita was established in 2006, by American financier Henry Jackson. Its senior team have been together since the founding of the firm and have many decades of experience in consumer businesses. The firm is based in London and invests on behalf of a diversified group of international institutional investors. OpCapita is a full member of Invest Europe and a signatory of the UN Principles for Responsible Investment. History In October 2006, OpCapita acquired British furniture retailer MFI Group for £1. In March 2008, it acquired French retailer BUT. In November 2011, the firm purchased the electronics retailer Comet from Kesa for £2. In March 2012, OpCapita, through its subsidiary Baker Acquisitions, purchased Game UK out of adm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Jackson (businessman)
Henry D. Jackson (born December 16, 1964) is an American investor and entrepreneur, who has been a UK citizen since 2005. He is chief executive of OpCapita LLP, a London-based private equity firm. Jackson founded OpCapita in early 2006 alongside operating partners David Hamid and John von Spreckelsen. Early life Jackson graduated summa cum laude from the College of Arts and Sciences and from the Wharton School of the University of Pennsylvania in 1986 where he was awarded membership of Phi Beta Kappa and Beta Gamma Sigma, the national business school honors society. He is the grandson of Henry L. Jackson, a co-founder of ''Esquire'' magazine who died in the crash of United Airlines flight 624 in 1948. Career In 1995, Jackson was named as one of Crain's New York's 40 Under 40 following his successful advice to the creditors of Macy's in its merger with Federated Department Stores. Jackson was also featured in a chapter of the book "A Not-So-Tender Offer: An Insider’s Look a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Game (retailer)
Game Retail Limited (doing business as GAME) is a British video game retailer, owned by Frasers Group since June 2019. The company's origins lie in the founding of the Rhino Group by Terry Norris and Bev Ripley in 1992. A number of mergers and acquisitions followed during the 1990s, and in 1999, the company was purchased by Electronics Boutique Limited, which rebranded itself as The Game Group. The company continued to expand during the 2000s, purchasing several retailers including Gameswizards in Australia. In 2007, its parent company purchased its rival store, Gamestation. In March 2012, several suppliers, including publishers Nintendo, Electronic Arts and Capcom refused to supply their latest products due to concerns over Game's creditworthiness. Game subsequently entered administration on 26 March 2012, and was purchased by OpCapita the following week. Baker Acquisitions was subsequently renamed Game Retail. The company reported a £10.4 million loss for the 12-month period ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Game Group
Game Retail Limited (doing business as GAME) is a British video game retailer, owned by Frasers Group since June 2019. The company's origins lie in the founding of the Rhino Group by Terry Norris and Bev Ripley in 1992. A number of mergers and acquisitions followed during the 1990s, and in 1999, the company was purchased by Electronics Boutique Limited, which rebranded itself as The Game Group. The company continued to expand during the 2000s, purchasing several retailers including Gameswizards in Australia. In 2007, its parent company purchased its rival store, Gamestation. In March 2012, several suppliers, including publishers Nintendo, Electronic Arts and Capcom refused to supply their latest products due to concerns over Game's creditworthiness. Game subsequently entered administration on 26 March 2012, and was purchased by OpCapita the following week. Baker Acquisitions was subsequently renamed Game Retail. The company reported a £10.4 million loss for the 12-month per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comet Group
Comet Electricals Limited, trading as Comet, is an online electrical retail chain based in the United Kingdom. The company sells consumer electronics and white goods, along with related products and services. Its predecessor, under the same brand name, pioneered the concept of the out-of-town discount warehouse in the United Kingdom. The original company was formed in 1933 by George Hollingbery as a business charging batteries for customers on a weekly basis. The business grew and diversified into radio rentals, and the first store opened in the 1950s. Comet expanded during the 1960s and 1970s, and became a publicly listed company in 1972. The company was purchased by Woolworths, owned by Paternoster Stores (later Kingfisher plc) in 1984. In 2003, Comet was spun out of Kingfisher Group to become part of Kesa. In 2011, following sustained losses, Kesa sold the company to private equity firm OpCapita for a token £2. The firm entered administration in November 2012, and all sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maurices
Maurices Inc., stylized as maurices, is an American women's clothing retail chain based in Duluth, Minnesota. Founded in 1931 in Duluth, the chain comprises more than 1,000 stores in the United States and Canada, primarily located in shopping malls and smaller towns. The founding Labovitz family sold Maurices to the Brenninkmeijer family's American Retail Group in 1978. Ascena Retail Group acquired it from American Retail Group in 2005. In 2011, Maurices was rated one of the "Top Ten Best Employers in Retail" by Forbes.com. In March 2019, Ascena sold a majority stake in Maurices to a U.S. subsidiary of London-based private equity firm OpCapita LLP at a valuation of $300 million. Maurices' leadership team remained in place, with the addition of former GAP CEO Jeff Kirwan as the company's new executive chairman. Ascena will retain a minority stake in the company. In a public statement released after the transaction, OpCapita's CEO Henry Jackson said he would “welcome the conti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rossopomodoro
Rossopomodoro is an Italian pizza restaurant chain, headquartered in Naples, with outlets in Italy, the UK, France, Germany, Iceland, Turkey, Denmark, the US, Saudi Arabia, Japan, Brazil and Malta. They were founded by three former professional rugby players, and have about 70 outlets in Italy, and expanded into the UK in 2006. They have ten outlets in the UK, as of June 2016, seven of which are in London. They have an outlet on Greenwich Avenue in New York City. In March 2018 Sebeto, Rossopomodoro's parent company, was acquired by OpCapita OpCapita is a British private equity firm specialising in the retail, consumer and leisure industries. The firm invests in underperforming businesses that require operational support to improve profitability and create long-term, sustainable value ... from Change Capital, both London-based private equity firms, for an undisclosed price. References External links * {{DEFAULTSORT:Rossopomodoro Italian companies established in 1997 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Football Pools
In the United Kingdom, the football pools, often referred to as "the pools", is a betting pool based on predicting the outcome of association football matches taking place in the coming week. The pools are typically cheap to enter, and may encourage gamblers to enter several bets. The traditional and most popular game was the Treble Chance, now branded the Classic Pools game. Players pick 10, 11 or 12 football games from the offered fixtures to finish as a draw, in which each team scores at least one goal. The player with the most accurate predictions wins the top prize, or a share of it if more than one player has these predictions. In addition, there is a special £3,000,000 prize or share of it for correctly predicting the nine score draws (draws of 1-1 or higher) when these are the only score draws on the coupon. Players can win large cash prizes in a variety of other ways, under a points-based scoring system. Entries were traditionally submitted through the post or via agen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MFI Group
MFI Group Limited was a British furniture retailer, operating under the MFI brand. The company was one of the largest suppliers of kitchens and bedroom furniture in the United Kingdom, and operated mainly in retail parks in out of town locations. Anecdotally, it was said at one stage that one in three Sunday lunches in the United Kingdom were cooked in a kitchen from MFI, and 60% of British children were conceived in a bedroom from MFI. After success in its early decades, it experienced recurring financial problems accompanied by several changes of ownership, and on 26 November 2008, it was announced that the business had been placed into administration. Merchant Equity Partners, headed by Henry Jackson, was the last company to own it, before it was sold to the management in September 2008 for a "small profit". The business ceased trading by 19 December 2008, after the administrators failed to find a buyer. It struggled to make profits during the 2000s, as chains such as B&Q ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kesa Electricals
Groupe Fnac Darty, formerly Kesa Electricals plc, Darty plc and Darty Limited, is a multinational retail company headquartered in Ivry-sur-Seine, France. It was formerly a public limited company (PLC) listed on the London Stock Exchange, until it was merged with Fnac in 2016 and subsequently moved the listing to Euronext Paris. History In 1957, the Darty family – the father and his three sons, Natan, Marcel and Bernard – managed a small store of textiles. The Darty brothers started to sell stock and, to attract customers, they left the goods on the pavement. Within a few days, the stock was sold. In 1967, the Darty brothers transferred to a larger warehouse. In 1988, the company proceeded with the repurchase of the business by its employees through a management buyout. The operation was a success, since 90 per cent of employees participated, taking control of 56 per cent of the capital. By the end of 1988, Darty had opened its 100th store. In 1993, Darty was acquired by K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sportech
Sportech PLC is an online gambling and entertainment company headquartered in the United Kingdom. The company is traded on the London Stock Exchange under the symbol SPO.L; the stock is a component of the Alternative Investment Market. The company, formerly known as Rodime PLC, was originally an electronics company specialising in hard disk drives based in Scotland. In 2000, the company changed its name to Sportech PLC, after acquiring Littlewoods Pools from The Littlewoods Organisation for £160 million. History Sportech began as a small electronics company, Rodime PLC, based in Scotland in 1979. By 1986, it was listed on the London Stock Exchange. The company specialized in manufacturing hard disks, inventing the 3.5-inch hard drive in early 1985, but soon became unprofitable due to delays in getting the product to market. By 1991, Rodime ceased manufacturing hard disks. By early 2000, Rodime was a shell company with a $34 million overdraft and four employees, primarily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is an American private equity company. It is one of the oldest private equity investment firms in the world. Founded in 1978, CD&R has managed the investment of more than $30 billion in approximately 90 businesses, representing a broad range of industries with an aggregate transaction value in excess of $140 billion. Approximately half of CD&R's investments have involved corporate divestitures. CD&R had ownership stakes in, among others, B&M Retail, Envision Healthcare, The Hertz Corporation, Hussman International, Rexel (a distributor of electrical parts and equipment) and US Foods (a broadline foodservice distributor), Sally Beauty, Diversey, Inc., VWR International, Brake Bros, Kinko's (now FedEx Office, previously FedEx Kinko's), Uniroyal Goodrich Tire Company and Lexmark. History Clayton & Dubilier was founded as a turnaround management shop by Martin H. Dubilier, Eugene Clayton and Bill Welsh in 1976. Joseph L. Rice III, a deal professional, pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Partnership
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of various state charters. The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
