Payment firm sold in private equity-backed MBO
A Leicestershire firm which provides payment hardware, software and managed services to the retail and hospitality industry, has been sold in a management buy-out backed by a private equity firm.
NVM Private Equity, through its NVM Private Equity Vintage III fund, has led the MBO of Secure Retail, which has its head office in Coalville.
James Arrowsmith, Andy Leach and Liam May led the investment for NVM, with Leach and May joining the Secure Board at completion.
Secure Retail’s managing director David Russell said: “Secu... 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...