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CEO Roger Mavity Makes £200m Bid For UK Rent to Own 'Boxclever'
09-16-03
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UK Rental Chain Boxclever; Sale Complete
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CEO Roger Mavity Makes £200m Bid For UK Rent to Own 'Boxclever'
WestLB Bank Paving the Way For Buyout of UK Based Rent to Own 'Box Clever'
UK Based Rent to Own Company 'Boxclever' Blamed for Huge Losses at West German Bank
Box Clever...Not just a 'Clever Name'

 

The UK's largest Rent to Own, Boxclever, is in play. According to reports, Alchemy Partners, a UK based private equity group, is backing CEO Roger Mavity's £200m bid for the troubled company.

 

 Jon Moulton

Jon Moulton

Alchemy Partners, an investment company specializing in turnarounds, is lead by Managing Partner Jon Moulton. According to the company, Mr Moulton is a graduate in Chemistry and a Chartered Accountant. Before Alchemy he was director in charge of buy-outs at Apax. Formerly Managing Partner at Schroder Ventures (now Permira) in London from its inception in 1985 until 1994 and before that with Citicorp Venture Capital in London and New York. Very experienced in buy-outs of a wide variety. Past chairmanships and directorships include Parker Pen, Sheffield Forgemasters, Xenova, Hornby Hobbies, RJB Mining plc, Technology plc, Brands Hatch and Haden Maclellan.

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