This award recognises the overall achievement of European Turnaround Houses in the calendar year of 2016, reflecting success in fundraising, new deals and exits, as well as the overall evolution of the firm. The winner will be announced on 19th April.
During its tenth anniversary year, OpCapita achieved numerous successes, including the closing of its second fund at its €350 million hard-cap, the sale of French homeware chain BUT and the acquisition of German womenswear retailer AppelrathCüpper. OpCapita also appointed John Coleman as Operating Partner and Nicholas Pouzin as Director.
John brings with him a wealth of experience, having spent over thirty years' in consumer and retail businesses, including as Chief Executive of House of Fraser Plc from 1996 until 2006. Nicholas joined OpCapita at the beginning of October and is responsible for co-ordinating the firm's efforts in the origination of new investment opportunities.
OpCapita has also been nominated for Private Equity International's Special Situations/Turnaround Firm of the Year Award 2016. The results will be announced in March 2017.
For further information regarding Real Deal's Private Equity Awards 2017, please click on the following link: http://privateequityawards.com About OpCapita
Founded in 2006, OpCapita is a European private equity advisory firm specialising in the retail, consumer and leisure industries. OpCapita actively invests in companies where there is an opportunity to deliver improvements in profitability and create long-term, sustainable value.
OpCapita's team of in-house operating partners has decades of experience in consumer-facing businesses and a widespread network of contacts and specialists. The team adopts a hands-on approach to the companies in which it invests, drawing on exceptional management talent to deliver on its investments.
Over the past 11 years, OpCapita has invested over €500 million in businesses in the UK, France, Germany and Spain. OpCapita closed its first dedicated fund, OpCapita Consumer Opportunities Fund LP, at the end of 2014. Its second dedicated fund, OpCapita Consumer Opportunities Fund II LP, closed on €350m in 2016 and was significantly oversubscribed.