Jobs saved as Redhall division is bought by private equity fund

More than 50 jobs have been saved after Enact, a £30m SME fund, agreed to buy the trade and assets of Redhall Networks - a division of the listed Wakefield-headquartered Redhall Group, which entered administration last week. Chesterfield-based Redhall Networks is being acquired by Enact - the fund run by Leeds-headquartered private equity firm Endless - in the third deal to be completed since Redhall was placed in administration last Monday (June 11). Booth Industries was sold in a £1.8m deal just hours after Redhall was place... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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