Unbound Group, formerly Electra Private Equity, is a British-based online company specialising in clothing and specialist footwear. It was listed on the Alternative Investment Market until going into administration in July 2023.
History The company was founded by Michael Stoddart in 1976 as Electra Investment Trust.Electra bombshell on pay blew up 3i talks The Independent, 30 March 1999 In 1999, 3i made an unsuccessful hostile bid to take over the company. In 2005, Electra Partners Europe completed a spinout from its investment trust parent.Electra spin-out delays fundraising. Financial News, 27 May 2005 In 2006, Electra Partners Europe renamed itself Cognetas.Electra Partners Europe renames itself Cognetas, opens new office in Italy . AltAssets, 6 September 2006
In August 2021, the company announced that, following the spin-off of its hospitality business Hostmore plc (the parent company of TGI Fridays in the United Kingdom), it would rename itself Unbound Group and transfer to the Alternative Investment Market.Electra Private Equity to rename as Unbound in hospitality demerger City AM 17 August 2021 This took effect on 1 February 2022.Our History Unbound Group The company subsequently converted to being a retailer of clothing and specialist footwear. The company went into administration in July 2023.
Activities Since February 2002, the company has focused on the sale of clothing and specialist footwear.
References
External links Official Unbound website Yahoo Profile: Electra Private Equity Hemscott Profile: Electra Private Equity