Mergon Acquires UK Blow-Moulder Weltonhurst from Weltonhurst Limited

Elysian Capital Acquires Majority Stake in Mergon Group

December 19, 2019

Manufacturing

Elysian Capital has acquired a majority stake in Mergon Group, a Castlepollard, Ireland-based plastics moulding specialist, while the Beirne family retains a substantial minority ownership. The investment will fund an ambitious growth plan — including international expansion (notably China) and product diversification — with Mergon targeting 50% revenue growth over the next three years.

Lovell Minnick Partners Takes Majority Stake as London & Capital and Waverton Merge

February 29, 2024

Financial Services

London & Capital Group and Waverton Investment Management Group have agreed to merge to create a combined independent wealth management business with over £17 billion AUM. Lovell Minnick Partners, an existing majority shareholder in London & Capital, will take a majority stake in the merged business to provide growth capital and strategic support; Somers will remain a significant shareholder.

Cairngorm Capital Backs Management Buyout of Bromborough Paint & Building Supplies

March 19, 2021

Building Products

An affiliate of Cairngorm Capital LP III has made a majority investment in Bromborough Paint & Building Supplies Ltd, supporting a management buy-out by the company’s executive team and enabling owner Neville Wellings to retire. Cairngorm will partner with directors Giuseppe Alfonso, John Ferrington and Dan Peacock, backing geographic expansion (new branch in Warrington) and a buy-and-build strategy while investing in Bromborough's ecommerce platform Trade1st.

Nelson Miller Group Acquires Injection Works

August 23, 2023

Manufacturing

Nelson Miller Group, a New Water Capital portfolio company, has acquired Injection Works, a Mount Laurel, New Jersey-based custom thermoplastic injection molder. The add-on expands NMG's North American manufacturing footprint and capabilities, enhancing its ability to deliver engineered plastic components and value-added assembly and engineering services to medical, industrial and electrical end markets.

Cathay Investments Acquires Mercian Logistics

April 12, 2022

Logistics & Distribution

Cathay Investments has acquired Mercian Logistics, a Hereford-based logistics business that provides distribution, storage and fulfilment services across the UK and Europe. The purchase expands Cathay’s logistics portfolio alongside its existing subsidiaries (including Amethyst Group and Warehouse One) and is intended to strengthen the group’s end-to-end fulfilment and delivery capabilities.

PaintWell (Cairngorm Capital) Acquires Kent Blaxill

November 10, 2022

Building Products

Cairngorm Capital-backed PaintWell Limited has acquired Kent Blaxill Group Limited, adding 23 branches and extending PaintWell’s branch network across the East of England and the South East. The enlarged group will operate 46 branches with c.250 employees and combined revenues of £55m; members of the Kent and Blaxill families are exiting but reinvesting and Kent Blaxill’s management will remain.