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European retail chief checks out of Advent

Senior dealmaker who handled buyouts of DFS and Fat Face is leaving the US private equity firm

A senior dealmaker at Advent International, who was involved in the buyouts of furniture retailer DFS and clothing brand Fat Face, is leaving the US private equity firm after 17 years.

Tim Franks, a managing director at Advent, will be leaving on June 30, a spokeswoman for the firm confirmed.

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