Open GI and Powerplace complete MBO worth upwards of £300m
Open GI and sister company Powerplace have completed a management buyout valued in excess of £300m after tying up a deal with Montagu Private Equity following approval form the Financial Conduct Authority.
An initial agreement was reached in August by the management team of Open International, the group holding company of Open GI, Open GI London and Powerplace, to acquire the businesses from its private
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