London, Edinburgh, and Atlanta, 2 May 2023 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that it has sold Ross Auto Engineering Limited and Consolor Limited (together Ross Care), the specialist wheelchair and wheelchair seating division of Millbrook Healthcare Holdings Limited (Millbrook Healthcare), to Medequip. Cairngorm Capital acquired Ross Care in 2021 as a bolt-on for its portfolio company Millbrook Healthcare. Following the acquisition, Cairngorm Capital merged the wheelchair businesses of Millbrook Healthcare and Ross Care under the Ross Care brand, creating the UK’s largest provider of wheelchair and specialist seating services. Since the merger, the performance of [...]

London and Edinburgh, 1 February 2023 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, E-zec Medical Transport Services (E-zec) has merged with ERS Transition Limited (trading as ERS Medical). The partnership creates the UK’s stand-out industry leader in the provision of non-emergency patient transport services1 to the NHS and local authorities. The enlarged business serves more than 50 commissioning bodies with the support of 2,500 specialist employees, from 55 operational sites nationwide. In 2022, the combined business generated revenues in excess of £100m. ERS Medical provides patient transport, medical courier and GP out of [...]

Atlanta, London and Edinburgh, January 31, 2023 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce its portfolio company, SageHome, has acquired CareFree Home Pros LLC (CareFree), advancing its goal to provide a national, full-service, aging-in-place home modification business in the United States. Headquartered in Avon, Connecticut, CareFree is a highly regarded bathroom remodeling company that specializes in providing stylish, safe bathroom upgrades for senior citizens and others with access difficulties. CareFree is expert in fast ‘one-day’ installations of low threshold showers, which minimize disruption for homeowners. SageHome is pursuing a dual strategy of rapid organic growth and strategic [...]

London and Edinburgh, 4 January 2023 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, National Timber Group (NTG), has acquired NORclad Limited (NORclad). Headquartered in North Somerset, NORclad is a specialist manufacturer and supplier of bespoke fire-rated timber cladding, facades and other timber products used by commercial and residential customers nationally. With over 40 years of experience, the company prides itself on the sustainability of its products and the expert technical support that it provides to its customers. As the UK’s leading, independent supplier of specialist timber products, this acquisition aligns perfectly with NTG’s [...]

London and Edinburgh, 14 December 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Verso Wealth Management (Verso), has acquired IEP Financial Limited (IEP Financial). This acquisition, the fifth1 for 2022, marks a significant step forward in the delivery of Verso’s strategy to build a market leading, national wealth management group and increases its assets under management (AUM) to over £1.8 billion. Founded in 2005, IEP Financial provides specialist financial advice and planning for individuals and corporate clients across Sussex and the South East. With a reputation for outstanding service, the firm has [...]

London and Edinburgh, 14 December 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, Verso Wealth Management (Verso), has acquired Heritage Independent Financial Advisers Limited (Heritage). This acquisition extends Verso’s presence across the Midlands and advances its strategy to build a market leading, national wealth management group. Founded in 2003, Heritage provides specialist financial advice and planning for high-net-worth individuals, families and corporate clients across the Midlands. With a reputation for outstanding service, the firm has a team of 17, comprising advisors, planners, researchers and support staff based in Knowle, West Midlands. It [...]

London and Edinburgh, 10 November 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its specialist paints distribution company, PaintWell Limited has acquired Kent Blaxill Group Limited (Kent Blaxill). The new enlarged group will have 46 branches stretching from Cumbria to Kent, with 250 employees and combined revenues of £55m. Established in 1838, Kent Blaxill is an independent family-owned decorating, glass and building products distribution company. Headquartered in Colchester, Essex, it has 23 decorating and builders’ merchants across the East of England and the South East, serving a diverse range of trade and retail customers. The acquisition [...]

Atlanta, London and Edinburgh, November 1, 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce its portfolio company, SageHome, has acquired Midwest Bath Company LLC (Midwest Bath), accelerating its goal to provide a national, aging-in-place solution to the United States market. Founded in 2019, Midwest Bath is a highly successful, bathroom remodeling company that specializes in bathroom safety upgrades for seniors, and those with access difficulties. Serving customers across Illinois and Iowa, it has developed an expertise in providing rapid ‘one-day’ installations of walk-in baths and low threshold showers, which minimize disruption to homeowners. Headquartered in Moline, [...]

London and Edinburgh, 13 October 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its specialist paints distribution company, PaintWell Limited has acquired Promain UK Limited (Promain). Following its strategic partnership with Cairngorm Capital Partners in March 2021, PaintWell’s initial focus was on expanding its network of branches geographically and developing its e-commerce platform, resulting in eight new branches across the North West, Midlands and Yorkshire. The acquisition of Promain broadens PaintWell’s growth strategy further and extends the platform for PaintWell’s new industrial paints division. Promain is the UK’s largest distributor of industrial paints and surface [...]

London and Edinburgh, 20 September 2022 Cairngorm Capital Partners LLP (Cairngorm Capital) is pleased to announce that its portfolio company, National Timber Group (NTG), has acquired SV Timber Limited (SV Timber). Established in 2004, SV Timber is a specialist, independent timber merchant supplying an extensive range of timber materials to a broad range of trade and commercial customers, including joiners and manufacturers, from three branches across the Midlands. SV Timber has a strong reputation for outstanding service and quality, recently supplying the timber for the Commonwealth Games in Birmingham. SV Timber employs 50 people and, in 2021, achieved revenues of [...]