backers

Private equity backers shut down The Alchemist bar chain | Money News Aitrend

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Private equity backers shut down The Alchemist bar chain | Money News Aitrend

Longtime private equity investors in The Alchemist, the popular downtown cocktail bar chain, are ending their ownership of the company. Sky News has learned that Palatine, who has owned The Alchemist since 2015, was working with advisers on an auction of the company. The Alchemist, which has weathered a difficult economic environment exacerbated by tax … Read more

Electric cargo bike company Zedify seeks to recruit new backers | Money News Aitrend

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Electric cargo bike company Zedify seeks to recruit new backers | Money News Aitrend

An electric cargo bike logistics company, which counts fashion giant Zara among its partners, has launched an emergency search for new backers. Sky News has learned that Zedify, which has raised millions of pounds from investors including Barclays Sustainable Impact Capital, was working with Interpath Advisory on a review of its funding options. Zedify claims … Read more