EPE Special Opportunities PLC Investment (7198Z)
December 19 2017 - 1:00AM
UK Regulatory
TIDMESO TIDMEO.P TIDMEC.P TIDMEL.P
RNS Number : 7198Z
EPE Special Opportunities PLC
19 December 2017
EPE Special Opportunities plc
19 December 2017
Investment
EPE Special Opportunities plc ("ESO plc") is pleased to announce
that on 18 December 2017 it completed an investment in David
Phillips Holdings Limited ("David Phillips" or the "Company").
David Phillips is a market leading business-to-business provider
of furniture and furnishing services to the UK property sector,
supplying owners, managers, agents and developers in the
residential, student accommodation and social housing sectors.
David Phillips has achieved significant historic growth as a
result of the resurgence of the Private Rented Sector and the
emergence of Build-to-Rent development. The prevailing
socioeconomic dynamics favouring rented property in the UK are
expected to support the future growth of the Company.
The acquisition is consistent with ESO plc's focus on investing
into small and medium sized enterprises ("SMEs"), partnering with
management teams to create value through long-term business
transformation.
About ESO plc
-- ESO plc is an AIM-quoted, private equity investment company,
whose objective is to provide long-term return on equity for its
shareholders by investing in SMEs.
-- ESO plc seeks to invest between GBP2 million and GBP20
million into companies with strong fundamentals, including
defensible competitive positioning and high levels of cash
generation, and aims to partner with outstanding management teams
to combine operational and financial expertise in each
investment
-- ESO plc will consider most industry sectors, including
consumer, retail, manufacturing, financial services and the broader
services sectors, and can make direct investments, special
situations investments, primary and secondary fund investments and
private investments in public equities.
-- ESO plc's investment horizon is very long term, creating the
opportunity to maximise value via compounding returns and
continually reinvesting capital within the vehicle.
Enquiries:
EPIC Private Equity LLP +44 (0) 207 269 8865
Alex Leslie
R&H Fund Services (Jersey) +44 (0) 1534 825 323
Limited Hilary Jones
Cardew Group Limited +44 (0) 207 930 0777
Richard Spiegelberg
Numis Securities Limited +44 (0) 207 260 1000
Nominated Advisor: Stuart Skinner / Hugh
Jonathan
Corporate Broker: Charles Farquhar
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDTPBTTMBJBTTR
(END) Dow Jones Newswires
December 19, 2017 02:00 ET (07:00 GMT)
Epe Special Opportunities (LSE:ESO)
Historical Stock Chart
From Apr 2024 to May 2024
Epe Special Opportunities (LSE:ESO)
Historical Stock Chart
From May 2023 to May 2024