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Condor Group
Condor Group, previously part of a privately owned business, is the principal operator of freight and passenger ferries to and from the Channel Islands.
Condor benefits from a well-invested fleet that allows it to offer high-speed passenger ferry services to and from the Channel Islands, and between the UK and France. It also offers roll-on, roll-off freight services and associated logistics services.
THE EXIT
Equistone realised its €14.5m investment in Condor Group in a deal which generated a total return of 3x this amount.
HOLDING PERIOD
Nov 2002 - Sep 2004
Country
UK
Sector
Consumer
Revenue Progression
£66m / £73m
Employees at ACQ.
-
Investment Type
Primary MBO