Press Room
Picsolve International announces a management buyout led by Fidelity Equity Partners
London, UK, July 21, 2008: Picsolve International, the industry leading photographic systems and services provider for leisure attraction operators, today announced that Fidelity Equity Partners, who focus on high-growth, leveraged buyout investments in Europe and North America, has completed a management buyout of the Company. Fidelity Equity Partners' investment was supported by a senior debt package provided by RBS.
Fidelity Equity Partners will support Picsolve's aggressive expansion plans, focusing predominantly on organic and acquisitive growth in Europe (where it already has market leadership), the US, South East Asia and the Middle East. Research estimates that the global theme and amusement park market is worth over $24bn and that close to 700m people visit theme parks annually.
Posted by Picsolve at 21.08.08 | Read more »
Picsolve to employ over 500 staff in 2008
In response to our customers' requirements for further support from Picsolve to help them run their operation even more effectively, Picsolve will be providing the staff at 3 more leading attractions in 2008. This will bring the number of parks fully serviced by us to 7, and will include parks in Northern Europe as well as the UK.
Picsolve has already enhanced its retail skill base in advance of this growth, ensuring customer satisfaction. We anticipate that employee numbers will almost double in 2008.
Posted by Picsolve at 08.01.08 | Read more »
