Cairngorm Capital Acquires Fairalls (Builders' Merchants)

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

March 1, 2021

Building Products

Cairngorm Capital’s portfolio company Grant & Stone Group has completed three add-on acquisitions—RGB Building Supplies, Buildit Gloster and Total Plumbing Supplies—creating the largest independent builders’ merchant group in southern England with 74 branches, combined revenues approaching £250m and more than 1,000 employees. The transactions expand Grant & Stone’s geographic footprint across Somerset, Devon, Cornwall, Gloucestershire and Wiltshire as part of a roll-up growth strategy supported by Cairngorm Capital.

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.

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.

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.

National Timber Group (Cairngorm Capital portfolio) Acquires Orchard Timber Products

November 16, 2021

Building Products

National Timber Group, a portfolio company of Cairngorm Capital Partners, has acquired Orchard Timber Products Limited, a specialist timber and solid wood flooring distributor headquartered in Forfar, Scotland. The deal expands NTG's footprint in Scotland and adds complementary solid wood flooring capability and stockholding to the Group's product offering; Orchard Timber's owners (Scott McKinlay, Kevin Golder and Stuart Fraser) will remain working in the business.