Top-News
Dienstag,
13.09.2016 08:05
von
PR Newswire
| Aufrufe: 28
JZ CAPITAL PARTNERS LTD - Closes Sale of Winn Group
Zwei Frauen beim Shopping (Symbolbild).
© filadendron / E+ / Getty Images
PR Newswire
London, September 12
JZ CAPITAL PARTNERS CLOSES SALE OF WINN GROUP
13 September 2016
JZ Capital Partners Limited (LSE:JZCP.L or “JZCP”), the London listed fund that invests in US and European micro-cap companies and US real estate, has closed the sale of its minority stake in Winn Group (“Winn”) (held through the EuroMicrocap Fund 2010, L.P. (“EMC 2010”)) to a major financial institution for €20.8 million ($23 million)[1] following the receipt of regulatory approval.
Founded in 2002, Winn is a Newcastle-based UK legal services firm specialising in personal injury cases.
The announcement marks the completion of the two-phase transaction to sell JZCP’s stake in six European investments held through EMC 2010 to the same financial institution, which was originally announced in February 2016.
Ends
For further information:
Ed Berry / Kit Dunford +44 (0) 20 3727 1143
FTI Consulting
David Zalaznick +1 212 485 9410
Jordan/Zalaznick Advisers, Inc.
Paul Le Ray +44 (0) 1481 745815
JZ Capital Partners
About JZCP
JZCP is a London listed fund which invests in US and European micro-cap companies and US real estate. Its objective is to achieve an overall return comprised of a current yield and capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of micro-cap companies to help build better businesses, create value and deliver strong returns for investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit www.jzcp.com
[1] Original sale price fixed at €21.1 million, plus 8% interest from February 1, 2016 through June 30 2016, minus a distribution to JZCP in that period of €1.1 million
Werbung
Mehr Nachrichten zur JZ CAPITAL PA.ZERO PR.NEW Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
-1
Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink.
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.
