Private Equity
PHD Private Equity, the private equity fund focused on investing in “scale up” business opportunities has invested £2.5 million in 1st Class Holidays – the UK’s leading provider of luxury tailor-made holidays to Canada based in Manchester. The £2.5 million investment will accelerate the growth ambitions of the company and will provide an exit for Finance Director and shareholder Henri Treffers. The business will continue to be led by Paul Ainsworth and Sharon Mason, who originally founded the business in 1996. The company, currently with a turnover of £16m, is based at Trafford House in, Manchester, and employs 36 people....