SNG Barratt Merges with Moss Motors and Rimmer Bros

Radial Equity Partners Invests in Moss Motors and Rimmer Bros to Create Global British Car Parts Platform

April 12, 2024

Automotive

Radial Equity Partners has made simultaneous investments in Moss Motors and Rimmer Bros to form a combined global specialty supplier of restoration and replacement parts for British vehicles. The deal brings together Moss (Goleta, California) and Rimmer Bros (Lincoln, United Kingdom) into a new platform to expand R&D, sourcing, marketing and distribution capabilities while transitioning Moss from family ownership.

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.

Lawson Products Acquires S&S Automotive

May 1, 2024

Logistics & Distribution

Lawson Products, the operating company of Distribution Solutions Group (DSG), has completed the acquisition of S&S Automotive, a Midwest-based automotive and industrial parts distributor headquartered in Woodridge, Illinois. The transaction — funded with DSG cash and its credit facility — will combine S&S with Lawson's Kent Automotive division to expand product offering, vendor-managed inventory (VMI) capabilities and geographic reach; S&S reported approximately $40 million in annual revenue and the deal is expected to be accretive to DSG's adjusted EPS and EBITDA margins.

Independent Builders Merchant Group (IBMG) Acquires Sussex Plumbing Supplies

October 22, 2021

Building Products

Independent Builders Merchant Group (IBMG), a portfolio company of Cairngorm Capital Partners, has acquired Sussex Plumbing Supplies Limited, a Polegate-based plumbers' and heating merchant. The deal expands IBMG's specialist plumbing and heating offering into Sussex and Kent, preserves succession for owner Glenn Vinall (who will remain Managing Director) and strengthens IBMG's platform for further growth.

Standard Motor Products Acquires Nissens Automotive

November 1, 2024

Automotive

Standard Motor Products, Inc. (SMP) has completed the acquisition of AX V Nissens III APS ("Nissens") from Nordic private equity firm Axcel and the Nissen family for approximately $390 million (€360 million), net of cash and assumed debt. The deal brings the Denmark-headquartered thermal-management and aftermarket air‑conditioning supplier into SMP’s portfolio to create an aftermarket leader across North America and Europe and drive cross‑selling and synergies.

Stellex Capital Management Acquires MSS Group

June 5, 2023

Manufacturing

Stellex Capital Management has made a platform investment to acquire Bryden Capital Limited and MPL Group Limited, together operating as the MSS Group, a Manchester-based designer, manufacturer and distributor of critical electronic components for the global power industry. The founders and key shareholders (Brian Hall and Liam Hall) will reinvest and the existing management team will remain to drive organic and inorganic growth and international expansion.