News: Investment News | 24 July 2015

Carter Accomodation funds £20 million management buyout

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Carter Accomodation funds £20 million management buyout.

Carter Accomodation, which supplies portable buildings and once created a mobile dressing room for Sir Elton John, has raised £20m from a consortium of investors to fund a management buy-out of the business. Connection Capital, the specialist private client investment business, led the round with a £5.3m stake. Carter Accomodation has also refinanced the debt on its fleet with PNC Business Credit, and accessed a significant new growth capital facility.

Read the full story in The Telegraph.