Moulton’s Better Capital buys Calyx

first_img whatsapp whatsapp KCS-content JON MOULTON’S company Better Capital has acquired the debt and related rights in IT services provider Calyx, a firm that Moulton’s former firm Alchemy took private in 2007. Calyx provides IT outsourcing, voice and data services, software, network security and training. The group’s UK and Irish companies have been placed into administration and receivership respectively. Alchemy owned 59.2 per cent of Stornoway, the 2007 management buyout vehicle of Calyx. Stornoway’s 101p a share bid valued Calyx at £70.2m. Calyx joined Aim at 55p a share in 2005. Better Capital acquired the debt on 3 September and this puts it in a strong position to buy the operations. Better Capital has made its investment through a special purpose vehicle. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child Share Moulton’s Better Capital buys Calyx Show Comments ▼ Monday 6 September 2010 8:28 pm Tags: NULLlast_img

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