Piper defies retail gloom

Piper, a leading private equity firm specialising in consumer brands with strong growth potential, has exceeded the £80m target of its fifth fund and has capped external investors at £100m at its final close. Due to unprecedented demand, Piper V, launched in November 2010, reached its first close of £90m in just two months. A

MBO of Bottlegreen drinks company

Piper has completed the MBO of Bottlegreen Drinks Company, the manufacturer and distributor of premium branded adult soft drinks, making a £5 million investment. Piper has completed the MBO of Bottlegreen Drinks Company, the UK’s leading brand of elderflower cordials and pressés. Established in 1989 by founders Kit and Shireen Morris, Bottlegreen has a turnover