Bestport takes part in secondary buy-out of TeamSport Limited

Bestport Private Equity and Ethos Partners investors co-invested alongside lead-equity provider Duke Street to acquire TeamSport Limited (“TeamSport”) in October 2017. The deal was concluded with equity from Bestport, Ethos and Duke Street and a unitranche debt facility from Apera Capital.

TeamSport, the UK’s largest indoor go-karting operator, was established in 1992 and completed a management buyout from its founder in 2013. With just eight tracks in 2013, TeamSport, led by managing director Dominic Gaynor, now operates 23 tracks across the UK, including five in London, and expects to accelerate this rate of growth.

 

2018-03-15T15:32:11+00:00