Novus Leisure owns and operates 52 bars and nightclubs throughout Britain, including TigerTiger and Abacus in London. It also owns the booking website Latenightlondon.co.uk. Last year, LGV Capital and Hutton Collins backed a management buyout valuing the company at £100m. Chief executive Steve Richards, 45, who is now stepping down, saw profits more than double to £7.3m in 2012.
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