Prominent retail investor Richard Facioni has detailed his short-term goals for not only his new investment firm, ACTA Capital, but for Alquemie Group and Mosaic Brands.
Facioni said that he would like to see Alquemie Group – which includes brands such as Ginger & Smart and Lego Certified Stores – grow through both organic means and acquisition moves.
"I'd like to see us grow that business quite materially over the next 12 months," he told Ragtrader.
When it comes to Mosaic Brands, Facioni said the business is in a position of strength coming out of the pandemic, and now is the time for it to demonstrate that it is well-placed for future growth.
As for ACTA, Facioni said that the business will look to secure more investments going forward, both inside and outside the retail sector.
"We're recruiting into the team to keep the ACTA capital team growing," he said.
"I only see this year as us making a lot more noise and doing some more interesting investments."
Since its launch in April, ACTA has recruited a compliance manager to its team, and has also welcomed new hires at Alquemie Group and Trovon Group.