London and Edinburgh, 4 January 2023 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, National Timber Group (NTG), has acquired NORclad Limited (NORclad). Headquartered in North Somerset, NORclad is a specialist manufacturer and supplier of bespoke fire-rated timber cladding, facades and other timber products used by commercial and residential customers nationally. With over 40 years of experience, the company prides itself on the sustainability of its products and the expert technical support that it provides to its customers. As the UK’s leading, independent supplier of specialist timber products, this acquisition aligns perfectly with NTG’s [...]

London and Edinburgh, 14 December 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Verso Wealth Management (Verso), has acquired IEP Financial Limited (IEP Financial). This acquisition, the fifth1 for 2022, marks a significant step forward in the delivery of Verso’s strategy to build a market leading, national wealth management group and increases its assets under management (AUM) to over £1.8 billion. Founded in 2005, IEP Financial provides specialist financial advice and planning for individuals and corporate clients across Sussex and the South East. With a reputation for outstanding service, the firm has [...]

London and Edinburgh, 14 December 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Verso Wealth Management (Verso), has acquired Heritage Independent Financial Advisers Limited (Heritage). This acquisition extends Verso’s presence across the Midlands and advances its strategy to build a market leading, national wealth management group. Founded in 2003, Heritage provides specialist financial advice and planning for high-net-worth individuals, families and corporate clients across the Midlands. With a reputation for outstanding service, the firm has a team of 17, comprising advisors, planners, researchers and support staff based in Knowle, West Midlands. It [...]

London and Edinburgh, 10 November 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its specialist paints distribution company, PaintWell Limited has acquired Kent Blaxill Group Limited (Kent Blaxill). The new enlarged group will have 46 branches stretching from Cumbria to Kent, with 250 employees and combined revenues of £55m. Established in 1838, Kent Blaxill is an independent family-owned decorating, glass and building products distribution company. Headquartered in Colchester, Essex, it has 23 decorating and builders’ merchants across the East of England and the South East, serving a diverse range of trade and retail customers. The acquisition [...]

Atlanta, London and Edinburgh, November 1, 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce its portfolio company, SageHome, has acquired Midwest Bath Company LLC (Midwest Bath), accelerating its goal to provide a national, aging-in-place solution to the United States market. Founded in 2019, Midwest Bath is a highly successful, bathroom remodeling company that specializes in bathroom safety upgrades for seniors, and those with access difficulties. Serving customers across Illinois and Iowa, it has developed an expertise in providing rapid ‘one-day’ installations of walk-in baths and low threshold showers, which minimize disruption to homeowners. Headquartered in Moline, [...]

London and Edinburgh, 13 October 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its specialist paints distribution company, PaintWell Limited has acquired Promain UK Limited (Promain). Following its strategic partnership with Cairngorm Capital Partners in March 2021, PaintWell’s initial focus was on expanding its network of branches geographically and developing its e-commerce platform, resulting in eight new branches across the North West, Midlands and Yorkshire. The acquisition of Promain broadens PaintWell’s growth strategy further and extends the platform for PaintWell’s new industrial paints division. Promain is the UK’s largest distributor of industrial paints and surface [...]

London and Edinburgh, 20 September 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, National Timber Group (NTG), has acquired SV Timber Limited (SV Timber). Established in 2004, SV Timber is a specialist, independent timber merchant supplying an extensive range of timber materials to a broad range of trade and commercial customers, including joiners and manufacturers, from three branches across the Midlands. SV Timber has a strong reputation for outstanding service and quality, recently supplying the timber for the Commonwealth Games in Birmingham. SV Timber employs 50 people and, in 2021, achieved revenues of [...]

London and Edinburgh, 1 September 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is delighted to announce the appointment of Matt Anstead, Maria Mikhailova and Mark Robson to the firm’s investment team. All three will be based in the firm’s Edinburgh office. Cairngorm Capital has over £400m of committed equity capital. These appointments enhance the firm’s capacity to continue its disciplined investment selection, value creation and transformation strategies, which have delivered strong returns since the firm’s inception in 2014. Matt Anstead joins as Managing Director following 8 years with EV Private Equity and will focus on investments that support the energy [...]

London and Edinburgh, 18 August 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Verso Wealth Management (Verso), has acquired Campbell Thomson Insurance Services Limited (Campbell Thomson). This acquisition advances Verso’s strategy to build a market leading, national wealth management group and takes its assets under management to over £1 billion. Founded in 1978, Campbell Thomson is a second generation firm providing specialist financial advice and planning for businesses and individuals across the UK. With a reputation for outstanding service, the firm has a team of 13 advisors, planners, researchers and support staff [...]

London and Edinburgh, 9 August 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Sentry Doors Holdings Limited (Sentry) has bought E. & S. W. Knowles & Company Limited (Knowles). This acquisition accelerates Sentry’s growth and confirms its positions as the UK’s leader in the timber fire safety and security doorset market. Established in 1923, E. & S. W. Knowles manufactures specialist timber internal doorsets with fire rated, acoustic and PAS 24 security certification. Operating nationally from a 50,000 square foot facility in Birmingham, Knowles offers bespoke, sector specific solutions that meet the exacting [...]