Better Capital in discussions over Jaeger sale

Fri, 09 Oct 2015 | BUSINESS SALE

Better Capital, the investment capital company which owns Jaeger is reportedly in discussions regarding a potential sale of the fashion brand.

Sky News has learnt that the firm is in talks with interested partners and has already appointed advisers from AlixPartners to oversee the exploration of a sale.

The insight comes weeks after Jaeger's chief executive, Colin Henry, exited the business, leaving it facing an important trading period without a permanent leader in place. With this in mind and the recent troubles affecting the business, analysts are not expecting the sale to release a huge amount of value from the company.

The news outlet learnt of the talks from a person close to Better Capital, who noted that while a formal auction is not planned, the investment firm is responding to interest. The company has recently looked at offloading other troubled brands, including the luxury yacht-maker Fairline.

Jaeger has been in the process of a turnaround strategy with efforts made to improve its online sales performance and introduce new concept stores as an additional sales strategy, however trading for the firm has remained difficult.


View businesses for sale.


Share this article



Latest Businesses for Sale

Accountancy Practice: 2 Partnered
Gwent, Wales, UK

This practice, which was established in 1955, is available for sale due to the impending retirement of the partners. Requirements: One of the partners will be available to assist in the transition period to ensure a smooth handover of clients. Offers...

Asking Price: Offers Invited
Turnover: £400,000

FREEHOLD


Accountancy: 4 Partner Practice
Cheshire, UK Wide

This practice, which was established in 2008, is available for sale due to the impending retirement of the partners. Offers invited.

Asking Price: Offers Invited
Turnover: £1,735,000

LEASEHOLD


Accountants: 2 Partner Firm
West Yorkshire, Yorkshire and the Humber, UK

This practice, which was established in 1985, is available for sale due to the impending retirement of the partners. Offers invited.

Asking Price: Offers Invited
Turnover: £360,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
17
 
May
 

Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...

 
16
 
May
 

Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

 
15
 
May
 

Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE

Challenge TRG Group, headquartered in Wigan, has successfull...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
26
 
Mar
 

Prezzo announces closure of 94 restaurants | BUSINESS SALE

The Prezzo restaurant chain has announced that creditors hav...

 
24
 
May
 

Women's fashion brand owner seeks sale, or risks administration | BUSINESS SALE

A women’s fashion label owner is on the hunt for a cas...

 
11
 
Apr
 

Historic fashion chain Jaeger falls into administration | ADMINISTRATION

Historic fashion chain Jaeger, which has counted models, roy...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources