Patisserie Valerie’s new owner says business back on track as it laid bare state of company at takeover: Patisserie Valerie’s new owner has said the business is back on track as it laid bare the state of the company it bought in January. Matt Scaife, a partner at Dublin-based private equity firm Causeway Capital Partners, which bought Patisserie Valerie out of administration for £5m, described the shock at finding broken ovens, unpaid suppliers, and a leak in the roof at a key bakery site. Patisserie Valerie shocked investors last year when it revealed a multimillion-pound black hole in its accountsRead More
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