Tech firm once sold by Peter Jones valued at £3.5bn in PE deal

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The story "Tech firm once sold by Peter Jones valued at £3.5bn in PE deal" was covered 19 hours ago by BusinessCloud, a news publisher based in United Kingdom.

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Tech firm once sold by Peter Jones valued at £3.5bn in PE deal - BusinessCloud

Quick Summary:

Oliver Tucker and Philip Cole founded the business in 2000 then sold it to Jones’s Phones International Group in 2002 before buying it back in 2011 for £35m, with the backing of ECI Partners.

A tech firm once sold by Dragons’ Den star Peter Jones has been valued at £3.5bn in a private equity deal.

General Atlantic’s vice chairman of EMEA, Vittorio Colao, previously served as Minister of Technological Innovation and Digital Transition for the Italian government and as CEO of Vodafone Group.