Ardenton Capital invests in U.K. greeting cards business
Ardenton Capital Corp has invested in Budget Trading Ltd and Budget Greeting Cards Ltd (BGC), together a U.K. designer and seller of greetings cards, gift wrap, stationery and celebratory products. Terms weren't released for the deal, which was led by Ardenton U.K. Director Michael Bradbury. Founded in 1984, BGC operates from Manchester, England and Dublin, Ireland and sells its products to small businesses. Ardenton, a Canadian private equity firm, said it will support the company's geographic expansion and development of an e-commerce platform. BGC is Ardenton's fourth U.K. deal. It follows last November's investment in Shaftec Automotive Components Ltd.



