Montagu paid £244m to pick up Maplin from Graphite Capital in 2004, but has since repaid all of the company’s debt and mezzanine loans and more than doubled revenues to £220m.
A spokesman for Montague said the firm would not comment on returns, but a source previously told AltAssets it expected to make its money back from the sale.
Outgoing Maplin chairman John Lovering, who is retiring from the business, said, “Maplin has been a long term investment for Montagu.
“They managed the business carefully and prudently through the recession, maximising cash flow and emerging in a post-Lehman world as a deleveraged survivor.
“In the last three years market change has accelerated, Maplin has responded, invested in the future, and grown its business.
“Maplin has been repositioned as a source of expertise and service for those who want to use electronics in their life but need great technical help and advice.”
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