OpCapita
 | |
| Type | LLP |
|---|---|
| Industry | Finance |
| Headquarters | London, United Kingdom |
| Area served | Global (with current focus on Europe) |
| Website | www.opcapita.com |
OpCapita is an international private investment firm based in London. It was founded by American financier Henry Jackson as Merchant Equity Partners (MEP) in 2006.
History
In October 2006, MEP acquired British furniture retailer MFI Group for £1.[1] In March 2008, MEP acquired French retailer BUT.[2] The firm changed its name to OpCapita in 2011, and purchased the electronics retailer Comet from Kesa later that year for £2.[3]</ref> In March 2012, OpCapita through its subsidiary Baker Acquisitions purchased Game Group out of administration.[4] A second subsidiary, Cherrilux Investments, was set up to buy Game's Spanish operations.[5] In late 2012, after a story about OpCapita considering a sale of Comet leaked to the press,[6] suppliers lost confidence in the chain and it subsequently entered administration. By the end of 2012, all of Comet's stores had ceased operations. On 27 November 2013 it was announced that OpCapita had acquired NKD,[7] a 2,000 store retailer in Germany, Austria, Italy, Croatia, Slovenia and Poland. OpCapita Operating Partner John von Spreckelsen is to become the Senior Shareholder Representative.
Investments
Former investments
References
- ↑ Telegraph, MEP acquired MFI stores for £1
- ↑ Colony Capital, Goldman Sachs and Merchant Equity acquire BUT - Unquote France 1 Mar 2008
- ↑ Kesa's Comet suitor will raise funding-source - Reuters, 2 Dec 2011
- ↑ "Game Group shops sold to OpCapita". BBC News. 1 April 2012.
- ↑ Jessica Conditt (13 April 2012). "Game Iberia's 291 stores sold to UK buyer's 'sister company'". Joystiq. Retrieved 20 May 2012.
- ↑ BBC News (19 October 2012). "OpCapita 'exploring sale'- BBC News". BBC News.
- ↑ OpCapita Agrees Buyout of NKD - AltAssets, 28 November 2013