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, 19 June 2017 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company Stevenswood Trade Centres Limited (Stevenswood) has acquired Sameday Holdings Limited (Sameday). This transaction, which is highly geographically complementary, accelerates Stevenswood’s strategy to develop a national network of trade counters. The new combined group will continue to be headquarted in Livingston and will have 37 branches across the UK, generating revenues of over £45m and employing over 180 people. Established in 2006, Sameday operates a network of seven counters in the west of England, from Bristol to Reading, distributing windows, doors and conservatory [...]

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 [...]

London, 24 April 2017 Cairngorm Capital is delighted to announce the appointment of Dr Amit Thaper as Investment Director, extending the firm’s capacity for new investments. Amit joins from H.I.G. Capital, a leading global private equity investment firm, where he was a Vice President in their Boston office. There, Amit was involved in acquiring and advising value-orientated, lower middle-market companies with high-return outlooks. Prior to H.I.G. Capital, Amit worked as a strategy consultant for Bain & Company, both in Boston and London. At Bain, he advised clients across a range of industries including healthcare, manufacturing and distribution, as well as conducting [...]

London, 6 April 2017 Cairngorm Capital Partners is pleased to have closed successfully its second fund – Cairngorm Capital II – at its £107.5 million hard cap. The fund, which was oversubscribed, is now fully operational. Cairngorm Capital has been backed by a consortium of leading, long-term, international institutional investors, consisting of several prestigious European funds of funds and US university endowments. Cairngorm Capital is particularly gratified that each of the institutional investors in its first fund increased their commitment to Fund II. Additionally, in line with Cairngorm Capital’s investment philosophy, a significant investment was made by the firm’s principals. [...]