RDCP Group Acquires Worcester Electrical Distributors

RDCP Infrastructure Acquires Avon Combined Electrical Services (ACES)

November 30, 2022

Construction

RDCP Infrastructure (part of RDCP Group) has acquired a 90% stake in Bristol-based mechanical and electrical engineering firm Avon Combined Electrical Services (ACES). The deal, backed by lending from SME Capital and introduced by TML Finance & Advisory, aims to scale ACES’s regional M&E capabilities under the RDCP platform.

RDCP Group Acquires The Pexion Group for £34m

January 3, 2023

Manufacturing

London-based RDCP Group has acquired a 75% stake in Chorley-headquartered Pexion Group in a deal valuing the precision engineering group at £34 million. RDCP is providing a £15 million acquisition facility to support bolt-on acquisitions as it seeks to grow Pexion’s EBITDA and expand the business through a buy-and-build strategy.

RDCP Group Acquires Majestic Windows (Majestic Window Designs and Majestic Designs UK)

May 3, 2023

Manufacturing

RDCP Group has acquired a 98% stake in Majestic Windows, comprising manufacturing company Majestic Window Designs (MWD) and sister retail/installation business Majestic Designs (UK). Jim Martin will remain with the business as group managing director and RDCP plans to support geographic expansion across the South West; financing was provided by SME Capital with lending arranged by TML Finance & Advisory.

Grant & Stone Acquires Devondale Electrical Distributors

June 1, 2021

Building Products

Grant & Stone, a portfolio company of Cairngorm Capital Partners, has acquired Devondale Electrical Distributors, the largest independent electrical wholesaler in the South West of England. The add-on expands Grant & Stone's electrical division with nine additional branches based in Somerset and Devon, providing geographic expansion, product extension and securing succession for Devondale's owner and managing director, Paul Wood.

RDCP Infrastructure Acquires Majority Stake in Alma Rail

December 12, 2022

Engineering Services

RDCP Infrastructure, part of the RDCP Group, has acquired a 90% stake in Chesterfield-based railway track engineering firm Alma Rail. The deal was supported by financing from Beach Point Capital and sees Alma Rail's co-founder Richard Walker remain in his management role as the business scales under RDCP's ownership.

Clayton, Dubilier & Rice Acquires Wolseley UK from Ferguson plc

February 1, 2021

Building Products

Clayton, Dubilier & Rice (CD&R) completed the acquisition of Wolseley UK from Ferguson plc in a carve-out divestiture valued at £308 million. Wolseley — a leading UK distributor of plumbing, heating, climate control, pipe and infrastructure products with ~542 branches, ~5,000 employees and ~£1.5 billion revenue in FY2020 — will be owned by CD&R funds alongside Wolseley management and run as an independent company to accelerate growth and pursue operational improvements.