Davies boss reveals change of PE backer
Davies CEO Charles Crawford today confirmed to Post that a buyout agreement has been reached which will see Electra Partners replace Lloyds Development Capital as the firm’s private equity backer.
Under the terms of the deal Electra will take a majority shareholding with the Davies management team, supported by Darren Coombes, Gary Lumsdon, Gary Liptrot and Vanessa Greatbatch, retaining a
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