Duke Street Capital
Private | |
Industry | Private equity |
Founded | 1988 |
Headquarters | London, United Kingdom |
Products | Leveraged buyout, Growth capital |
Total assets | £2.6 billion |
Number of employees | 45+ |
Website | www.dukestreet.com |
Duke Street is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in Western Europe, particularly the UK and France.
The firm which is based in London was founded in 1988 as Hambro European Ventures, the private equity investment arm of Hambros Bank. The principals of the firm completed a spinout from Hambros in 1998, following the bank's sale to Société Générale, and changed name of the firm to Duke Street Capital and later Duke Street.
The firm has raised approximately £2.6 billion since inception across six private equity investment funds.[1]
Among the firm's most notable investments are Wagamama, Gala Bingo,[2] Equity Insurance Group,[3][4] Burton's Foods,[5] Esporta Health Clubs, Getty Images, The Original Factory Shop,LM Funerals, Marie Brizard,[6] Megabowl Oasis,[7] Great Mills[8] and Payzone.[9] In August 2015, Duke Street, with Searchlight Capital Partners, acquired controlling interests in two British construction equipment rental firms, Fork Rent and One Call Hire.[10]
References
- ↑ Including funds raised prior to the spinout from Hambros
- ↑ Gala hits the jackpot. The Telegraph, Mar 2002
- ↑ Europe: Britain: Insurer Accepts Buyout Bid. New York Times, March 17, 2005
- ↑ Duke Street and Englefield exit Equity Insurance Group in £570m deal. AltAssets, December 2006
- ↑ Duke Street is front-runner in Burton’s Foods race. The Times, February 15, 2007
- ↑ €397m Marie Brizard exit for Duke Street. AltAssets, April 2006
- ↑ Oasis eyes sale to double dentist practices. Telegraph, January 9, 2012
- ↑ BRITISH INVESTMENT FIRM TO BUY HOME IMPROVEMENT CHAIN. New York Times, December 6, 2000
- ↑ Private equity group takes 69pc stake in Payzone. Silicon Republic, February 8, 2010
- ↑ Langworth, Hannah (25 August 2015). "Real Deals". Caspian Media.
- Duke Street plans fresh fund. Independent, The (London), January 9, 2006
- Hambro capitalist ventures out the door. Independent, The (London), February 9, 1994
- Edmund Truell: CEO, Duke Street. Euromoney, January 2003
- Memorandum submitted by Duke Street Capital to the UK House of Commons Select Committee on Treasury. June 2007
External links
- Duke Street (company website)