Cairngorm Capital Case Studies
Parker Building Supplies is a leading independent builders’ merchant based in the South East of England. Founded in 1984, the business serves trade and retail customers with its core offering of heavyside building materials plus an array of ancillary product lines including, plumbing, joinery and architectural ironmongery.
In 2017 the company employed just under 300 staff, and generated revenues of £67m from 15 core branches across Sussex and Kent.
Four new senior managers, led by Cairngorm Capital operating partner John Declerck, joined the company in conjunction with this investment. Our aim is to drive up revenue and margins through improved merchandising, thoughtful supply chain management and geographic expansion.
Cairngorm Capital’s investment, from its first fund Cairngorm Capital Partners I LP, is the first in a series of planned investments in the builders’ merchant industry, which will combine specialist sector operational expertise with financial support from Cairngorm Capital.