Cairngorm Capital-backed Grant & Stone Acquires RGB Building Supplies, Buildit Gloster and Total Plumbing Supplies

Grant & Stone (Cairngorm Capital) Acquires CRS Building Supplies

January 18, 2021

Building Products

Cairngorm Capital-backed Grant & Stone has acquired CRS Building Supplies Limited, merging the Somerset-based builders merchant into the Grant & Stone group as part of its buy-and-build strategy. The deal adds CRS’s 12 branches and local brand to Grant & Stone’s footprint, creating an enlarged group with 44 branches, over 500 employees and revenues in excess of £140m; the transaction was driven by the CRS owners' succession planning.

Cairngorm Capital Merges Grant & Stone and Independent Builders Merchant Group (IBMG)

September 20, 2021

Building Products

Cairngorm Capital Partners has merged two of its portfolio companies, Grant & Stone Group and Independent Builders Merchant Group (IBMG), to form the largest independent builders' merchant group in southern England. The combined business (trading at group level as IBMG) comprises 123 branches, revenues in excess of £500 million and more than 1,700 employees, creating a platform for further growth, new market entry and M&A.

Cairngorm Capital Partners Acquires Grant & Stone

November 18, 2019

Building Products

Cairngorm Capital Partners has acquired Grant & Stone Limited, a High Wycombe–based independent builders' merchant, and its ecommerce subsidiary Trading Depot UK Limited from the founding shareholders. The private equity firm will support management with capital and strategic guidance to expand the business via new branches and add-on acquisitions across the Thames Valley.

Grant & Stone Acquires 3Counties Timber & Building Supplies

October 1, 2020

Building Products

Grant & Stone, a portfolio company of Cairngorm Capital Partners, has acquired 3Counties Timber & Building Supplies Ltd in a bolt-on transaction triggered by the seller's succession planning. The acquisition expands Grant & Stone's geographic footprint in the Thames Valley/Home Counties and strengthens its timber and building materials offering across Aylesbury and Hemel Hempstead.

Cairngorm Capital Acquires Chandlers Building Supplies and Merges It with Parkers to Create Independent Builders' Merchant Group

October 11, 2019

Building Products

Cairngorm Capital has acquired Chandlers Building Supplies Limited and will merge it with its existing builders' merchant brands Parker Building Supplies (Parkers), Stamco and Fairalls to form the Independent Builders' Merchant Group. The enlarged business will operate 37 branches across the Midlands and South East with combined revenues of £180 million and over 750 employees; Chandlers contributes 14 branches, approximately £60 million in revenue and over 230 employees.

Cairngorm Capital Acquires Fairalls (Builders' Merchants)

July 18, 2019

Building Products

Cairngorm Capital Partners has acquired Fairalls (Builders' Merchants) Limited, adding it to its existing building merchant businesses Parkers Building Supplies and Stamco to create the largest independent builders' merchant group in the South East of England. The enlarged group operates 24 branches with over 500 employees and combined revenues of approximately £120 million; Fairalls itself reported c.£15m revenue and about 85 employees and will continue to trade under the Fairalls brand with Richard Fairall remaining involved during the transition.