Brasserie Blanc backer scores big return from Kelway

Core Capital will make a nine times return on its initial investment in the IT firm

Thursday 6 November 2014 at 06:12

Core Capital Partners, the UK private equity firm that counts French restaurant chain Brasserie Blanc among its investments, has made a big return from the sale of its stake in IT company Kelway.

The London-based firm will receive £76 million from the sale of its 29% equity stake in Kelway, a provider of IT services to the SME market, according to Core managing partner Walid Fakhry.