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Cairngorm Capital Case Studies


Established in 1987 and based in High Wycombe, Grant & Stone is a leading builders’, electrical and plumbing merchant with a strong focus on customer service. The company operates through 29 branches across the Thames Valley and its Online distribution business Trading Depot.

Cairngorm Capital will support an accelerated organic roll-out of the builders’, electrical and plumbing merchant branches and further regional consolidation through M&A.

Cairngorm Capital is partnering with Grant & Stone’s high calibre management team, providing strategic and operational support by an experienced Non-Executive Chairman and Operating Partner. Cairngorm Capital will provide specialist operational and sector expertise in procurement, technology and marketing to help accelerate growth and transformation.

Cairngorm Capital’s investment in Grant & Stone was made in Nov 2019 and is the first investment from its 3rd fund, Cairngorm Capital Partners III LP.

For more information on the transaction, please see the Grant & Stone investment press release.
You can also download the pdf version of the press release here: Cairngorm Capital Press Release 18.11.2019 pdf

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