Ex-footballer Danny Mills makes strong return on 33m sale
Former England and Leeds United full-back Danny Mills has made a strong return on the £33m sale of a printing firm to a paper and packaging giant.
The ex-footballer backs Leeds-based private equity firm Endless, which is part of private equity firm Enact, which invested £2.5m in the North Wales-based Excelsior Technologies alongside Growth Capital Partners.
Two years later, it has sold the firm for a total consideration of £33m on a debt-free and cash-free basis.
Excelsior also has a base at Nelson in Lancashire and generated revenues of £39m in the 2016 calendar year.
The shareholders of Excelsior Technologies were advised by Deloitte, led by Nick Wood, and Gordons, led by James Fawcett.
BELOW: Flick through the Q1 2017 edition of BusinessCloud's interactive digital magazine