He has had a brace; now he is looking for a hat trick...

Tuesday, 16 May 2017, 8:04 pm

That's Andrew Bracey, the former chief financial officer of Ocado and ex investment banker at Barclays, UBS and Credit Suisse.

Since leaving his job as chief financial officer at Michael Page the dealmaker has set up buy-out firm Midlothian Capital Partners, which has already done a couple of major deals. They include the £217 million purchase of garden centre group Dobbies from Tescos and the £103 million acquisition of Park Leisure, the caravan park and holiday homes group.

Now, one of my men in dark glasses says Bracey is currently looking at two fresh deals, both of which are in the leisure sector and in a similar price bracket to the previous forays.

So, I wouldn't be surprised to see Midlothian reveal a fresh purchase in the not too distant future.....

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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