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Announced

Risk Capital Partners to acquire GAK.

Synopsis

Risk Capital Partners, one of Britain's best-known leisure entrepreneurs, agreed to acquire GAK, an online retailer of musical instruments. Financial terms were not disclosed. “We are extremely excited about working with RCP on the next phase of GAK’s evolution both as a company and a recognizable and trusted brand. We are fortunate to have an exceptional workforce and to be supported by our highly experienced and talented senior management team who will collectively continue to help us implement the many growth initiatives we have identified," Luke Johnson, Risk Capital Partners Founder.

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