Better Capital's BECAP12 Fund has entered into an agreement to acquire Project Oliver Topco (POT) and its subsidiaries, which together trade as OfficeTeam, for £80m. Better Capital will purchase POT on a debt-free bases from a consortium of lenders who took control of the group following a financia
Read moreLONDON (Alliance News) - Better Capital PCC Ltd Wednesday said it has been informed that BECAP Fund LP has provided further funding to the holding company of Spicers Ltd, one of Better Capital's portfolio companies. In a statement, Better Capital PCC said that BECAP Fund LP, which it calls
Read moreLONDON (Alliance News) - Better Capital PCC Ltd Thursday said that BECAP12 Fund LP has provided a further GBP7.5 million to BECAP Jaeger (UK) Ltd, a holding company of the Jaeger group of companies. The GBP7.5 million will fund business improvements, specifically capital expenditure to open
Read moreLONDON (Alliance News) - Better Capital PCC Ld Monday said it shares shareholders' frustration at the significant write-downs faced by one of its funds, but said it has received assurances that "the key issues" are being "firmly" addressed. In a highly anticipated interim management stateme
Read moreLONDON (Alliance News) - Better Capital PCC Ltd Tuesday said it expects the value of two of its main portfolio companies face significant write-downs after they were hit by poor trading. "Trading conditions at two of the more material portfolio companies have been significantly below expect
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