Piper has closed its fourth fund

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 have raised this £60 million fund which enables Piper to compete on larger transactions in the consumer sector and to increase the number of investments we make”

“Our investor base has broadened to include more of the ’brand savvy’ investors of our previous funds, and adds a more international flavour, which further enhances our sector knowledge and specialism”.