3i Group will acquire a stake in Go Outdoors for about £28 million from YFM Equity Partners, Financial Times reports. The investment will help the retailer expand its network of outlets to 70 by 2015. 3i had appointed Addleshaw Goddard for advice, while Go Outdoors was advised by law firm, Pannone, and PricewaterhouseCoopers. Venture capital firm, YFM Equity Partners, backed its original buyout by management in 1998.

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