Better Capital inks deal for office supplies firm

Jon Moulton's turnaround firm pays £80 million in first deal since April last year

Better Capital, the London-listed turnaround private equity fund founded by industry veteran Jon Moulton, has bought a UK office supplies company for £80 million.

In a London Stock Exchange statement Better Capital said it has agreed to buy Project Oliver Topco Limited and its subsidiaries, which trade as OfficeTeam, a supplier of products and services to businesses.

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