BusinessCorporate FinanceKPMG to advise on sale of clothing business

KPMG to advise on sale of clothing business

KPMG lined up to advise on the sale of the Original Factory Shop

KPMG corporate finance specialists have been appointed to advise on a
strategic review of clothing business Original Factory Group, after its owners
put the retailer up for sale, according to reports.

The group, with an estimated value of between £70m and £80m, operates through
78 stores across the UK and is currently owned by Barclays Private Equity. A
number of other PE firms are interested in the sale, reported the Daily
Telegraph
.

KPMG declined to comment, while Barclays were unavailable for comment.

Further reading:

Smollensky’s restaurants sold
through pre-pack

Related Articles

Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

10m Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

11m Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

11m Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

11m Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

11m Stephanie Wix, Writer
Tax avoidance crackdown sees 80% jump in additional HMRC revenue

Accounting Firms Tax avoidance crackdown sees 80% jump in additional HMRC revenue

11m Stephanie Wix, Writer
Making Tax Digital: the "unexpected item in the bagging area"

Accounting Standards Making Tax Digital: the "unexpected item in the bagging area"

11m Stephanie Wix, Writer