Epiris has acquired Stuart Turner from Lloyds Development Capital
Stuart Turner is a leading provider of water-boosting solutions, including products for residential mains water pressure and commercial system pressure management. In recent years, Stuart Turner has made several strategic acquisitions which allowed it to become a one-stop-shop provider across the residential, commercial and industrial markets. The company was founded in 1906 and is headquartered in Henley-on-Thames, United Kingdom.
Stuart Turner was an attractive opportunity for Epiris to back an established and trusted brand in the water boosting market with a strong focus on innovation. The management team, led by Richard Harden, has developed an ambitious plan to continue to grow the business in the UK and to expand its presence internationally. Lincoln International worked closely with Epiris throughout the transaction and advised on key aspects of the acquisition rationale.
Phillip McCreanor, Managing Director and head of investment banking UK and Nordics at Lincoln, commented, “Stuart Turner has a leading position in the UK residential shower pump market and has a growing position in the commercial water boosting segment. The next stage of its growth trajectory is to take that expertise and know-how and further exploit its position in the domestic market while penetrating strategic international markets. In addition, they will look to make acquisitions in adjacent applications in the commercial and light industrial sectors, which are highly complementary and will offer customer diversification and share of wallet expansion.”
Epiris is a top-decile* private equity firm that invests in opportunities to transform businesses in partnership with exceptional management teams. It targets control positions in UK-headquartered businesses with an enterprise value of between £75 million and £500 million, deploying between £40 million and £150 million of equity.
*As of 30 September 2021. Gross IRR does not reflect adjustments for investment management and administration costs. Comparator data supplied by Preqin. Past performance is no guarantee of future results.
Meet our Senior Team
The ability to position clients so they can realize value and achieve their goals is what inspires me.
Managing Director | Head of Investment Banking, UK & NordicsLondon
View More Transactions in Industrials
Lincoln International has advised Astrak on its sale to Inflexion Private Equity Partners
Lincoln International has advised Borosil Renewables for the acquisition of Interfloat Group
Lincoln International has advised capiton AG on raising financing for the acquisition of a majority stake in Betonbau Group from SCHWENK Group
Lincoln International has advised Deutsche Beteiligungs AG on its acquisition of in-tech GmbH
Lincoln International advised H.I.G. Europe Capital Partners on raising financing for the acquisition of SIAT Group with financing provided by Kartesia
Lincoln International has advised HBM Holdings on the sale of Aerofil to kdc/one, a portfolio company of Cornell Capital
Lincoln International has advised Steele Solutions, Inc., a portfolio company of Wellspring Capital Management LLC, on its acquisition of Tiffin Metal Products
Lincoln International has advised Schaeffler on the sale of its chain drive systems business to DUBAG
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.