"Risk were prepared to back us when we were going through a difficult time and continued to give encouragement and support throughout the recovery, which has now led to an impressive turnaround and a return to substantial profit."
Clive Pettigrew, Founder, East
East is a ladies fashion retailer, which designs and sells its own range of ethnic-inspired clothing and accessories through more than 75 stand-alone stores and concessions throughout the UK.
In February 2006, Risk Capital Partners invested as part of a consortium taking a 50% stake in the company.
We sold our shares in two tranches during 2011 and 2012 to an Indian trade buyer who now owns the whole group, realising a return of 1x cost.