Independent Builders Merchant Group (IBMG) Acquires DW Burns & Partner Ltd
October 18, 2021
Independent Builders Merchant Group (IBMG), a portfolio company of Cairngorm Capital Partners, has acquired DW Burns & Partner Ltd, a family-run plumbers' merchant and bathroom showroom with branches in Woking and Farnham. The acquisition is an IBMG add-on to expand its specialist plumbing and heating network into Surrey; DW Burns' owner Toby Hoyle will remain with the business to support integration and succession.
- Buyers
- Independent Builders Merchant Group (IBMG), Cairngorm Capital Partners LLP
- Targets
- DW Burns & Partner Ltd
- Sellers
- Toby Hoyle (owner of DW Burns)
- Platforms
- Independent Builders Merchant Group (IBMG)
- Industry
- Building Products
- Location
- England, United Kingdom
- Transaction Type
- Addon
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