Brasserie Bar Co, the group behind Brasserie Blanc and the White Brasserie Company, has announced its results for the 12 months ending June 2015. Reported turnover for the group rose by 14% from £32.7m to £37.2m and restaurant EBITDA increased 9% from £5.2m to £5.7m, with some outstanding performances from a number of sites.
Core Capital Partners LLP secures first exit from Core Capital Partners II LP by selling PDP Couriers to trade buyer, Cryo International, a wholly owned subsidiary of Air Liquide SA
Following the delisting of Core VCT plc, Core VCT IV plc, Core VCT V plc ("the VCTs") and the appointment of Mark Fry and Neil Mather of Begbies Traynor (Central) LLP ("BT") to manage the winding up, we have been working with the two remaining board members and our main institutional investors to exit the portfolio and return proceeds to investors.
Shareholders will recall that at the Extraordinary General Meeting on 16 April 2015 it was resolved, as part of the arrangements relating to Members' Voluntary Liquidation and the distribution of cash proceeds to shareholders, to appoint Peter Smaill and Raymond Maxwell as continuing Directors of the Trusts so as to oversee the process whereby the residual assets (following the special dividend paid on 15 May 2015) would be realised and the proceeds, at some future date, distributed.
Core Capital ("Core") has successfully exited its mezzanine investment in Camwatch, a leading pioneer in specialist CCTV monitoring, following the completion of the acquisition by trade buyer VPS Holdings Limited.
ESO Capital, the provider of hybrid capital solutions to small and medium-sized companies, is acquiring Core Capital. The enlarged business will invest across the capital structure, providing flexible capital solutions ranging from senior debt to equity for lower and middle-market European companies. For further information, please see www.esocapital.com or visit the news page on www.core-cap.com