London, 9 October 2018 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its Fund II has acquired Helix Tool Company Limited (Helix), the leading independent cutting tools specialist in the North of England. This transaction advances Cairngorm Capital’s strategy to create a new national full-service Maintenance, Repair and Overhaul (MRO) distribution business providing precision engineering components, specialist ancillary services and in-depth technical expertise to industrial clients. Founded by Charles and Louise Robinson in 1994, Helix is a leading independent cutting tools specialist offering both consultancy and supply to clients across the aerospace, automotive, medical, oil & gas [...]

London and Edinburgh, 2 July 2018 Cairngorm Capital is pleased to announce that it has acquired Rembrand Timber Limited and is merging it with its existing portfolio company, Thornbridge. Thornbridge and Rembrand are the two largest independent timber processing and distribution companies in Scotland so this merger marks a key milestone in the growth strategy for both businesses. Together with NYTimber (acquired by Thornbridge in February 2018), they will create the leading independent timber distribution company in Scotland and the North of England. The group has 35 branches, 28 of which are in Scotland; revenues exceeding £100 million and over [...]

London and Edinburgh, 14 March 2018 Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that it has acquired Parker Building Supplies (Parkers), an independent builders' merchant based in the South East of England. Cairngorm Capital is acquiring the business from its founder and Managing Director, Tom Parker. This is Cairngorm Capital’s 13th proprietary transaction since July 2016. Cairngorm Capital will seek to expand Parkers through a combination of organic growth and acquisitions. The aim is to transform the scale of the business, to become a market leader in the builders’ merchant sector in southern England. Founded in 1984, [...]

London and Edinburgh, 26 February 2018 Cairngorm Capital Partners LLP (Cairngorm Capital) is delighted to announce the promotion of both Alex Bayliss and John Naylor-Leyland to Managing Director. This is in recognition of their significant contributions to the growth and success that Cairngorm Capital has achieved since its formation in 2014. It also marks the expansion of Cairngorm Capital’s senior leadership team. Alex and John were founding members of Cairngorm Capital’s investment team, joining Managing Partner, Andrew Steel, shortly after the successful close of Cairngorm Capital’s first fund in August 2015. Together they have been instrumental in defining and implementing [...]

London and Edinburgh, 15 February 2018 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that it has acquired North Yorkshire Timber (NYTimber) and is merging it with its existing portfolio company, Thornbridge. Following the acquisition of Thornbridge in November 2017, this transaction is the next step in the strategy to consolidate the UK value added timber distribution sector. The enlarged group will have 15 branches in the North of England and Scotland, generating revenues of over £50 million and employing over 360 people. North Yorkshire Timber is one of the leading independent timber merchants in North Yorkshire and [...]

London, 5th February 2018 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that it has acquired MJ Wilson Group Limited (MJ Wilson), the leading independent UK distributor of Process Instrumentation and Control products. Founded in 1972, MJ Wilson is a leading distributor of Maintenance, Repair and Overhaul (MRO) components. It sells highly technical Process and Instrumentation Products (including valves, controls, test equipment, pipe, fittings, flanges, fastenings and gaskets), as well as offering essential services such as calibration and repairs. Headquartered in Grimsby, MJ Wilson has five regional branches and workshops, and a number of specialist staff who [...]

London and Edinburgh, 15 January 2018 Cairngorm Capital is delighted to announce the appointment of Lucy Graham as Investment Director and Panita Vongkusolkit as Investment Manager, boosting the firm’s capacity to pursue new investments. They join an existing team of 11 talented investment professionals and operating partners, whose unique mix of sectoral expertise and investment skills has built a portfolio of successful, high-quality businesses. With over 20 years’ experience in leveraged finance and corporate law, Lucy joins from Clydesdale Bank, where most recently she was Senior Corporate Finance Partner responsible for developing Clydesdale’s inorganic strategy involving acquisitions, sale transactions, joint [...]

London, 28 November 2017 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce its strategic partnership and investment in the building products ecommerce business, Building Supplies Online (BSO). Founded in 2010, and based in Banbury, BSO is an online distributer of building products, offering competitively priced building supplies and tools to trade and retail customers. With over 50,000 SKUs, BSO offers one of the largest ranges of building products available online in the UK. Cairngorm Capital’s involvement will provide specialist sector expertise, together with the financial support to facilitate BSO’s ambitions for growth. This is Cairngorm Capital’s 10th investment [...]

London and Edinburgh, 7 November 2017 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that it has acquired Thornbridge Sawmills Limited (Thornbridge), a leading Scottish timber processing and distribution company. Thornbridge sources certified timber and sheet materials from sustainable producers both domestically and overseas. It has a combined sawmill and distribution hub in Grangemouth, as well as eight regional branch outlets across Scotland serving builders, joiners and construction companies. Thornbridge has revenues of £35 million and employs 159 staff, many of them very long-serving. This is Cairngorm Capital’s ninth proprietary transaction since July 2016 and is the first [...]

London, 23 May 2017 Cairngorm Capital is delighted to announce the appointment of Neil McGill as Investment Director, strengthening and extending the firm’s capacity to pursue new investments. He joins a team of talented investment professionals and operating partners, whose unique mix of sectoral expertise and investment skills has built a portfolio of successful, high-quality businesses. A seasoned investment professional with over 16 years of M&A experience, Neil joins from BDO where he was Head of the M&A Advisory practice in Scotland, leading mid-market deals for corporate and private equity clients. Prior to BDO, Neil was a director and shareholder in [...]