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Phase Eight

Founded in 1979, Phase Eight has carved a niche in the UK retail market, designing and retailing occasionwear, smart daywear and accessories with a focus on high quality, original fabrics and finishing.

​VALUE CREATION

During the investment period, Phase Eight opened 13 stores and 46 concessions.  Together with continuing like-for-like growth, this has led to a significant uplift in profitability.

THE EXIT

Equistone sold its stake in Phase Eight to an investor consortium in a deal which valued the company at £51.5m.  Over the two-year period of its investment, Equistone achieved a 2.4 times money multiple.

HOLDING PERIOD

Jan 2005 - Jan 2007

Country

UK

Business Description

Consumer Goods

Revenue Progression

£30m / £46m

Employees at ACQ.

360

Investment Type

Primary MBO