Investegate |Foresight VCT PLC Announcements | Foresight VCT PLC: Foresight VCT Plc: Sale of FFX Group Limited
Foresight VCT Plc: Sale of FFX Group Limited Exit: Sale of portfolio company FFX to H2 Equity Partners delivers 4.3x return The Board of Foresight VCT Plc (“FVCT” or “the Company”) is pleased to announce the successful sale of portfolio company FFX Group Limited (“FFX”), one of the UK's largest independent suppliers of high quality power tools, fixings and building supplies, to H2 Equity Partners (“H2”) on 22 January 2021. The transaction generated proceeds of £11.1 million at completion and the Company will receive up to £0.3 million of deferred consideration after 18 mon...