Private equity investors complete secondary buyout of £12m-turnover firm

Leeds-headquartered private equity investors YFM Equity Partners have completed a secondary buyout of a specialist wholesaler. Alfreton-based Leengate Valves supplies more than 20,000 valve products and is involved in specialist calibration and engineering services. It has now been bought out by YFM in a deal which will see the management acquire 100% of the business.