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Posted on February 6, 2017 by staff

Ex-footballer Danny Mills makes strong return on 33m sale

Ex-footballer Danny Mills makes strong return on 33m sale

Mills represented England at the 2002 World Cup
Shutterstock
Mills represented England at the 2002 World Cup

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.

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