News & Events.
It's been a busy time for us recently, Take a look at what we've been doing and what is to come:
NEWS FLASH:
New Leasing Opportunities
New exciting leasing opportunity in various Prupim Shopping centres:
Contact Beci Bateman now for opportunities in Arndale Centre, Manchester
beci@retailprofile.com or call 07795 667 484
http://www.manchesterarndale.com/
Contact Heinz Kloihofer now for opportunities in Cwmbran Shopping Centre, Cwmbran
heinz@retailprofile.com or call 07917 476 533
http://www.cwmbranshopping.co.uk/
Contact Alex Dean now for opportunities in Swan Shopping Centre, Eastleigh
Contact Catherine Bower for opportunities at Waterside Centre, Lincoln
catherine@retailprofile.com or call 07917 776 755
http://www.watersideshopping.com/
Contact Andrew Joyce for opportunities at Wellgate Centre, Dundee
andrewj@retailprofile.com or call 07985 248 625
http://www.wellgatedundee.co.uk/
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Amery Capital realises successful sale of Retail Profile Holdings to SpaceandPeople plc*
Amery Capital achieves 3.5 times multiple on capital invested with successful sale of Retail Profile Holdings Limited.
Amery Capital is delighted to share the news that Retail Profile Holdings (RPH) has combined with SpaceandPeople plc.*
Retail Profile is the leading operator of Retail Merchandising Units (RMUs) to premium UK shopping centres and has a growing international business.
Retail Profile was acquired by an Amery Capital SPV in April 2007 with the backing of Michael and Maurice Bennett. During this time, the business has successfully been transitioned from its entrepreneurial roots to a professional stage under the leadership of Managing Director, Martin Kemp, and Finance Director, Andy Thomson. Julia Langkraehr, the original founder of the company, has continued to play an invaluable role in business development, particularly in Russia, Europe and the United States.
SpaceandPeople is a successful, experiential marketing, location and media sales group, listed on AIM, with a principal focus on shopping centres in the UK and Germany.
The senior teams of both businesses have worked closely together over the past three months and believe that the combination of their strengths in retail solutions, exceptional service and a visible presence in shopping centres, will reap huge benefits and will enable the joint business to grow both in the UK and in new international markets.
Maurice Helfgott, Founder Director of Amery Capital Limited and Chairman of Retail Profile Holdings Limited, will join the Board of SpaceandPeople, as will Martin Kemp, Managing Director of RPH. Julia Langkraehr and Andy Thomson will continue to have important executive roles in the company.
The Amery Capital and RPH management investors will together have a 29.99% share in the combined business and are very enthusiastic about its prospects.
The consideration to be paid by SpaceandPeople is £6.3m, made up of £2.7m cash and loan notes, and the balance in shares placed at 62p.
The realisation to Amery Capital investors represents a very successful multiple of 3.5 times equity invested just three years ago.
Maurice Helfgott, Founder Director of Amery Capital Limited and Chairman of Retail Profile Holdings Limited said: "I am absolutely delighted that Retail Profile has combined with SpaceandPeople. This deal represents an excellent strategic opportunity for the two businesses and we are very confident in our management team and in its growth potential. We are also very pleased to have realised a successful exit from our investment, with the prospect of further gains to come. I am extremely grateful for the outstanding professionalism and dedication of the Retail Profile senior management team, and for the steadfast and wise backing of Michael and Maurice Bennett. Amery Capital will continue to invest and develop its successful portfolio of businesses and remains open to exploring further opportunities."
Martin Kemp, Managing Director of Retail Profile commented: "We are delighted to be joining forces with Matthew and the team at SpaceandPeople. In the time we have worked together so far, we have already seen many opportunities and are very excited about the future growth prospects for the combined businesses."
Matthew Bending, Chief Executive of SpaceandPeople commented: “This acquisition is the cornerstone for the future development of the Company, a complementary product offering, a great team; the combined group’s growth potential is significantly enhanced.”
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New Leasing Opportunities
New exciting leasing opportunity in three new shopping cetres have arisen: McArthurGlen Designer Outlet in Swindon, McArthurGlen Designer Outlet in York and Union Square Shopping Centre in Aberdeen.
Contact Chris Hackett now for opportunities at McArthurGlen Designer Outlet in Swindon
chrish@retailprofile.com or call 07995 667 476
Contact Catherine Bower for opportunities at McArthurGlen Designer Outlet in York
catherine@retailprofile.com or call 07917 776 755
Contact Andrew Joyce for opportunities at Union Square shopping centre in Aberdeen
andrewj@retailprofile.com or call 07985 248 625
Retail Profile
We are looking forward to attend the two leading conferences in the industry of Retail. The BCSC and Mapic will take place in November.
NEWSFLASH: New Leasing Opportunities
Retail Profile now provides exciting, new RMU opportunities at Bon Accord Shopping Centre in the heart of Aberdeen, Scotland. We have just added a further 8 RMU's for mall trading;
Contact Andrew Joyce now to discuss how to you can start up or expand your retail business
andrewj@retailprofile.com or call 07985 248 625
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