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Posted on February 6, 2017 by staff

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

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.