EPE Special Opportunities has completed an investment in David Phillips Holdings, a market leading business-to-business provider of furniture and furnishing services to the UK property sector.
David Phillips supplies owners, managers, agents and developers in the residential, student accommodation and social housing sectors.
ESO said David Phillips had achieved significant historic growth as a result of the resurgence of the private rented sector and the emergence of build-to-rent development and the prevailing socioeconomic dynamics favouring rented property in the UK were expected to support the future growth.
ESO said the acquisition was consistent with its focus on investing into small and medium sized enterprises, partnering with management teams to create value through long-term business transformation.
(LON:ESO) EPE Special Opportunities Plc share price was 0p at 222.5p