London, Edinburgh, and Atlanta, 01 August 2024
Cairngorm Capital Partners LLP (Cairngorm Capital) is delighted to announce that its portfolio company, Sentry Fire Safety Group (Sentry) has been selected as a finalist for two categories in the Growing Business Awards 2024. Sentry has been shortlisted for the Santander Growing Business of the Year (£25-£50m revenue) and Investor-backed Business of the Year awards, in recognition of its exceptional growth, industry contribution and innovative product range.
The Growing Business Awards celebrate the achievements and economic impact of UK high-growth businesses and this year focus on the strength, vision and resilience of fast-growing SMEs. Nominations reflect the critical contribution that successful growing businesses make to the UK economy – driving innovation and creating jobs and wealth. The awards are based on sustainable growth, sector impact, product innovation, and customer engagement. The Investor-backed Business of the Year award also considers the alignment and execution of a company’s strategy with investor goals.
Part of Cairngorm Capital’s portfolio since 2019, Sentry is a trusted partner for fire safety compliance across a diverse range of sectors, including social housing, education, healthcare, leisure, and commercial. Its comprehensive range of fire safety and security doorsets meet the most stringent building regulations and as part of its programme of continuous improvement, Sentry develops new or bespoke solutions to support specialist market requirements. Ranked 3rd fastest growing manufacturer in Yorkshire earlier this year based on EBITDA growth and job creation, Sentry has delivered a five-fold increase in revenue, EBITDA and production since 2019, driven by a £3 million investment in new facilities and state-of-the-art equipment.
Ty Aziz, CEO of Sentry Fire Safety Group said, “We are incredibly proud of our growth story and excited by our potential so it’s fantastic to be recognised for our achievements. Importantly, we have achieved this while upholding our core values and principles. We have a sustainable approach to manufacturing, partnering with suppliers who share our environmental values; and our strong, long-standing customer relationships are key to our success. We are proud to have expanded our workforce and to use the same local supply chain, sharing the benefits of our growth with our suppliers and community.”
Stuart Whiteford, Managing Director, who leads Cairngorm Capital’s investment in Sentry added, “Since our initial investment in 2019, Sentry has delivered a five-fold increase in revenue, EBITDA, and production but has the potential to achieve much more. The company has successfully entered new markets, extended its product range and contributed to local job creation. Committed to advancing fire safety standards, Sentry exemplifies the best of British manufacturing combined with world-leading testing for assured safety and compliance. We are delighted that Sentry’s outstanding performance has been recognised.”
For further information, please contact Katherine Ritchie on 020 8347 6183 or 07941 040021
Notes for editors
Cairngorm Capital Partners LLP is a specialist private investment firm providing equity capital and management expertise to leading companies in the UK and the USA. It invests in strongly performing, mid-market growth companies, operating in sectors that demonstrate long-term demand growth, and in which our team has deep experience – ageing in place; repair, maintenance & improvement of properties; wealth management; and sustainability. The firm’s goal is to build and realise value through growth and performance improvements. Cairngorm Capital’s unique mix of sectoral expertise and investment skill enables our team to be actively involved in the strategy and operational focus of portfolio companies, partnering with management teams to grow revenue, enhance margins, improve cash flow, or consolidate industry leadership positions.
Cairngorm Capital’s current portfolio includes majority owned stakes in:
EMED Group
Independent Builders Merchants Group
Millbrook Healthcare
National Timber Group
PaintWell
SageHome
Sentry Fire Safety Group
Verso Wealth Management
Whyte Bikes
Sentry Fire Safety Group is a specialist manufacturer of timber fire and security doorsets for the social housing, public sector, commercial and residential markets. Operating nationally from two manufacturing facilities in Doncaster and Birmingham, Sentry Fire Safety Group has established a strong reputation for manufacturing products that meet the most rigorous quality and fire certification standards. Its commitment to regulatory compliance and high manufacturing standards has resulted in independent third-party accreditations from Certifire and BM Trada Q-Mark.
www.sentryfiresafetygroup.co.uk
www.sentrydoors.co.uk
View the pdf version: Cairngorm Capital Release 01.08.24 pdf