Private equity firm buys out Bezier

Bezier and HIG Europe, the European arm of global private equity firm HIG Capital, have agreed the terms of a management led buy out of the company.

The PoS provider's management team will continue to be led by Trevor O’Reilly as chief executive. He said: “Until today the company has been carrying too much debt, but now with such a strong balance sheet and a financial backer with the firepower of HIG Europe we will be able to reach our full potential.”

Under this new agreement not only has the level of debt been significantly reduced but, HIG Europe has also committed further capital to helping the business deliver on its plan to grow both organically and through selective acquisitions.

David Mitchell, the current chairman, having helped to successfully refinance the business, has signalled his intention to step down. He said: “Having steered the business through a significant transformation, it is good to leave the business in such good shape with a supportive and strong financial backer.”

    Share Story:

Recent Stories


From CapEx to AI: Understanding the evolving cost structure of retail technology
This Retail Systems webinar, sponsored by Aptos, brings together leading voices from across the retail technology ecosystem to examine how modern PoS has transformed the cost ownership model – and how the emergence of agentic commerce is poised to rewrite the rules once again.

Beyond Channels: Redefining retail with Unified Commerce
This Retail Systems fireside chat with Nikki Baird, Vice President, Strategy & Product at Aptos will explore how unified commerce strategies enable retailers to tear down these barriers and unlock new levels of operational agility and customer satisfaction.

Advertisement