Intertain chief executive John Leslie has told MCA reports that owner Better Capital is to wind down its investments are inaccurate.
The Walkabout operator is part of Better Capital’s Fund 2, which ends its investment period on 30 June. However, Leslie insisted the private equity vehicle, which injected a further £3.1m into Intertain last year, would continue to support its existing portfolio going forward.
This morning there were reports that founder Jon Moulton was planning to stop managing external capital.
However, Leslie said the company had denied the claims and told him there was no change to its support of Intertain.
Lelsie told MCA: “This has been a fruitful partnership on both sides and we are all focussed on continuing to build a profitable business.”
Intertain recently announced the acquisition of The Establishment in Coventry and a partnership with Chicago Rib Shack at its refurbished Camden Lock venue.