Rutland Partners, the specialist turnaround and restructuring investor, announces three new appointments. Oliver Jones and David Wingfield have both been promoted to Partner and Mike Harris has been appointed Partner, Investor Relations & Finance. Oliver Jones joined Rutland in 2004 from KPMG and has both new...
Rutland Partners, the specialist turnaround and restructuring investor, is pleased to announce that Brandon Hire has acquired Phoenix Surveying Equipment, a leading supplier of construction related electronic surveying and safety equipment. Brandon Hire was acquired by Rutland in September 2010 from Wolseley PLC for £43m. Phoenix...
Rutland Partners, the turnaround and restructuring investor, is pleased to announce the simultaneous acquisitions of Laidlaw and the interiors manufacturing division of SIG plc (SIGIM). Rutland is investing alongside John Jefferies, CEO of Laidlaw. Laidlaw is the UK’s leading supplier of architectural ironmongery, doorsets, handrail...
Rutland Partners is pleased to announce the exchange of unconditional contracts with Wolseley PLC (“Wolseley”) for the acquisition of Brandon Hire Limited (“Brandon”). The consideration will be £43m payable in cash on completion subject to normal closing adjustments. Brandon is a leading tool and equipment hire...
Rutland Partners, the specialist turnaround and restructuring investor, today announces the appointment of Rahul Satsangi as Investment Manager. Rahul is an economics and statistics graduate from University College London who qualified as a chartered accountant with PricewaterhouseCoopers in 2005 and subsequently worked in their corporate finance...
Rutland Partners, the UK private equity partnership, announces that it has completed the acquisition of the CeDo group of companies (“CeDo”) from DELTON AG, Bad Homburg / Germany (“Delton”) for £52.2 million. The transaction was announced on 29 July 2009 and was conditional on merger...
Rutland Partners, the UK private equity partnership, announces that it has exchanged contracts to acquire the CeDo group of companies (“CeDo”) from DELTON AG, Bad Homburg / Germany (“Delton”) for an undisclosed sum. The transaction is conditional on merger control clearances and is expected to...
Rutland Partners LLP (“Rutland”), the UK private equity partnership, announces that it has exchanged contracts to acquire Pulse Home Products Limited and the business of certain other domestic appliance brands (together “Pulse”) from Alba PLC for a total consideration of £51.5 million. The transaction is...
Rutland Partners LLP, the UK private equity partnership, announces that it has completed the sale of its investment in Svensk Pantbelåning AB (“SP”) to Preato Capital Ltd. Preato Capital is the parent company of Finland’s largest pawnbroker, Helsingin Pantti-Osakeyhtiö. SP is Sweden’s leading pawnbroker with 12...
Rutland Partners announces that it has successfully closed its second fund, Rutland Fund II, at £322 million. Rutland Fund II had a target of £250 million and held a first close at £312 million in December 2006 following four months of fundraising. The final close...