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Daisy chairman Matthew Riley has taken up the CEO role
Daisy’s peer group tends to trade off multiples of nearly 11 times EBITDA, meaning a sale could value Daisy at more than £1.5bn
Daisy Group completed its 48th acquisition last month as CEO Matthew Riley tries to create a £1 billion revenue UC business
First purchase since founder and executive chairman Matthew Riley led a £494 million takeover of the company in October
he last 12 months have seen some tectonic shifts not least with the disappearance of Phones 4u and Nokia (in handsets) from the mobile landscape and the formation of the new retail superpower we now know as Dixons Carphone. If you were on a long holiday, this is how Q4 panned out
Four directors also resign from company following management buyout agreed in October
Riley, who founded the company in 2001 and is leading a management buy-out, to take on executive chairman role
Agreement ends negotiations which had dragged on for three months and sees Daisy return to private ownership
Deadline for £500 million buyout of the telecommunications provider extended for a second time
Daisy Distribution MD Dave McGinn discusses life inside and outside of the workplace