Piper has made its first investment from its £60 million fund, Piper Private Equity IV, backing the MBO of Rollover, the UKs leading premium hot dog supplier to the foodservice and leisure attraction markets. The £4.5 million investment will enable Rollover to continue its fast track growth by expanding the brand into existing and new

Piper has successfully disposed of its majority stake in Gray & Osbourn Limited with the £8.25 million sale of the business to a subsidiary of N Brown Group plc. Piper originally backed the management buy-out of Gray & Osbourn out of Sears plc in 1998, where it had been the mail order division of Selfridges.

Piper has completed the sale of Gray & Osbourn with the £8.25 million sale to N Brown Group plc. A focused investor, Piper is seeking to invest between £2m – £10m of equity in branded retail, leisure, products or service opportunities. Commenting on Piper’s fourth fund, Managing Director Christopher Curry said “We are delighted to