Mamas & Papas secures refinancing after record year

Mamas & Papas has completed a refinancing deal aimed at supporting its next phase of growth after posting record sales and profit in its latest financial year.
The nursery retailer said the transaction had strengthened its capital structure, with existing investor Bluegem Capital Partners reinvesting alongside a number of new backers, including alternative investment manager Cheyne Capital.Mamas & Papas
The deal follows a record year for the business, with revenue rising four per cent to