London and Edinburgh, 1 June 2021 Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that its portfolio company, Grant & Stone, has acquired Devondale Electrical Distributors (Devondale). This acquisition expands Grant & Stone’s specialist electrical division, complementing the recent acquisitions of builders’ and plumbers’ merchants in the South West of England. Established in 1981, Devondale is the largest independent electrical wholesaler in the South West. Operating from nine branches across Somerset and Devon, it provides an extensive range of electrical and ancillary products to electricians, electrical contractors and facilities managers. Known for its technical expertise and outstanding service, Devondale [...]

London and Edinburgh, 10 May 2021 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its third fund, Cairngorm Capital LP III, has acquired E-zec Medical Transport Services (E-zec), England’s largest independent provider of Non-Emergency Patient Transport Services1 (NEPTS). Established in 1998, E-zec provides a range of services to Clinical Commissioning Groups (CCGs). With a fleet of over 550 vehicles, the company operates patient transport to and from healthcare settings, including specialist high dependency crews and ambulances for critical inter-hospital transfers. E-zec is also a leader in bariatric provision, offering a UK-wide bariatric ambulance service, supporting both [...]

London and Edinburgh, 19 March 2021 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that an affiliate of its third fund, Cairngorm Capital LP III, has made a majority investment in Bromborough Paint & Building Supplies Limited (Bromborough), supporting a management buy-out by its executive team. Established in 1948, Bromborough is a family-owned, specialist independent paint distributor, headquartered in the Wirral. Bromborough has 17 branches across the North West of England, from Shrewsbury in the West Midlands to Carlisle near the Scottish border, serving trade and retail customers. Bromborough also has an e-commerce platform, Trade 1st, supplying paint [...]

London and Edinburgh, 3 March 2021 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, National Timber Group (NTG), has acquired Hymor Timber Limited (Hymor). Established in 1990, Hymor is an independent timber merchant supplying ethically sourced hardwood and softwood to a broad range of trade and commercial customers, including joiners and manufacturers across Staffordshire and the surrounding area. The company has a strength in hardwoods and modified timber, which combined with its extensive processing capability and expertise in meeting bespoke client requirements, has resulted in a reputation for outstanding service and quality. Located [...]

London and Edinburgh, 1 March 2021 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce its strategic partnership and investment in Whyte Bikes Limited. Established in 1999 by Derek and Guy Farrant, Whyte Bikes is an award winning British bicycle manufacturer with a focus on performance and design. Whyte Bikes serves the UK and international bike market, selling its products through UK dealers and international distributors. Best known as an innovative mountain bike company producing ground-breaking trail bikes, Whyte’s product range has diversified to include gravel, commuter and youth models, and most recently, e-bikes. Whyte is headquartered in [...]

London and Edinburgh, 1 March 2021 London and Edinburgh, 1 March 2021: Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that its portfolio company, Grant & Stone Group (Grant & Stone), has completed the acquisitions of RGB Building Supplies, Buildit Gloster and Total Plumbing Supplies, to create the largest independent builders’ merchant group in southern England. The new enlarged group will have 74 branches stretching from West London to Cornwall, over 1,000 employees and combined revenues approaching £250m. Grant & Stone’s stated objective has been to develop its builders’ merchant business through a combination of acquisitions, new site development [...]

London and Edinburgh, 1 February 2021Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Millbrook Healthcare (Millbrook), has acquired Ross Care Limited (Ross Care). This acquisition creates a national group with market leadership within the outsourced wheelchair and community equipment services sector.Established in 1949, Ross Care is a major provider of wheelchair services and mobility equipment on behalf of NHS and local authorities. In addition to its community equipment service, Ross Care is the largest provider of wheelchair repair contracts in the UK. Headquartered in Wallasey, Ross Care has 18 service centres including four wheelchair [...]

London and Edinburgh, 18 January 2021 Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that its portfolio company, Grant & Stone, has acquired and is merging with CRS Building Supplies Limited (CRS). This acquisition marks a decisive step in Grant & Stone’s strategy to expand its business through a combination of acquisitions, new site development and organic growth. Established in 2005, CRS Building Supplies provides a broad range of heavyside building materials to trade and retail customers from 12 branches across Somerset. Headquartered in Wells, CRS is a highly successful local brand, with the reputation for outstanding customer [...]

London and Edinburgh, 1 October 2020 Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that its portfolio company, Grant & Stone, has acquired 3Counties Timber & Building Supplies Limited (3Counties). This is a key step in the execution of Grant & Stone’s strategy to expand its business through a combination of acquisitions, new site development and organic growth. Established in 2007, 3Counties Timber & Building Supplies provides a broad range of heavy and lightside building materials to individuals, contractors and commercial entities across Hertfordshire, Bedfordshire and Buckinghamshire. A trusted local brand with the reputation for outstanding customer service, [...]

London, 8 January 2020 Cairngorm Capital is delighted to announce the promotions of Amit Thaper, Joanna Hylton and Emilia Wood. Amit and Jo joined the firm in 2017 and Emilia in early 2018. Their promotions recognise the significant contribution made by each of them to Cairngorm Capital's sustained growth and success. Amit is promoted to become a Managing Director of Cairngorm Capital and joins the firm's Investment Committee alongside Lee Hess, Andrew Steel, Alex Bayliss, John Naylor-Leyland and Neil McGill. Having formerly practiced as an orthopaedic surgeon with the NHS, Amit has successfully led Cairngorm Capital's entry into the assisted living industry sector. [...]