Bakery Chain - ReSolve Capital Partners

Bakery Chain

ReSolve Capital Partners

Bakery Chain

Our client, a bakery chain with 60 stores throughout South Wales and employing more than 500 staff, entered administration following a general decline in retail footfall.

ReSolve acquired the business out of administration, provided a working capital facility and implemented a heavy turnaround plan.  As a result of ReSolve’s actions the business returned to profitability within three months of acquisition.

After successfully completing the turnaround, ReSolve sold its interest in the business eleven months after its acquisition.

‘We are pleased to have completed a successful turnaround of this well-known bakery chain in the South Wales region and secured jobs for its loyal employees. We wish it all the best for the future.’

Mark Supperstone, Managing Partner, ReSolve

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