The corporate team of Shoosmiths has advised independent infrastructure and private equity investment manager Foresight Group on a £2.75m investment into Chorley-based horticultural e-commerce business, Euxton Group.
The deal, which has funded a buy-in management buyout (BIMBO) at Euxton Group, represents the first investment from the Foresight Regional Investment Fund. The Fund was launched in January 2016 and targets established, profitable small and SMEs in the North West, North Wales and South Yorkshire, across a broad range of sectors.