Portfolio News

Rutland is pleased to announce that AFI has acquired Kimberly Rentals Group (‘Kimberly’). This deal further strengthens AFI’s position within the powered access equipment rental sector bringing its annual turnover to nearly £100m. The acquisition will bring the number of machines in the Group’s rental...

Real Deals' reporter, Lucy White, examines the controversy surrounding Rutland's exit from Bernard Matthews: The misinformed ire of a parliamentary committee over the Bernard Matthews pension scheme begs the question: Who would want to be a turnaround investor?   Last month, turnaround investor Rutland Partners found itself the...

Rutland Partners is pleased to announce that Brandon Hire has secured a £34 million refinancing from Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company, to assist in the continued growth of Brandon Hire. The refinancing has also enabled a further distribution...

Rutland is pleased to announce that AFI has secured a £70 million refinancing from asset based lender PNC Business Credit as the Group looks to accelerate its growth plans in both the UK and the Middle East. Led by Executive Chairman, David Shipman, AFI supplies powered...

Rutland Partners is pleased to announce Millbrook's acquisition of Test World, a world leading winter vehicle and tyre testing business based in Ivalo, Northern Finland. The acquisition of Test World is a significant step by Millbrook to increase its capabilities and expand its relationships internationally. It...

AFI-Uplift has recently acquired Hampshire Plant & Access (HPA). This deal is the fifth bolt-on acquisition since Rutland first invested in the AFI Group in May 2013, when it successfully completed the simultaneous merger of three companies; AFI-Uplift and Hi-Reach in the UK and Access...

Rutland Partners, the UK private equity partnership, is pleased to announce that it has successfully completed the disposal of the CeDo group of companies ("CeDo) to Straco. CeDo is one of Europe's leading suppliers of household disposables, manufacturing both own-label and proprietary products such as refuse...

Rutland Partners is delighted to announce that its Fund II portfolio company, Buy As You View ("BAYV"), completed a £30m financing on 15 August 2014 with Hayfin Capital Management. The proceeds will be used to repay £23m of Rutland's £34m investment in BAYV made in October...

Rutland Partners is pleased to announce that on 26th June 2014 it completed an investment for £85m in Maplin Electronics Limited ("Maplin"). Maplin, the electronics specialist retail chain, is an iconic brand with a tech-savvy customer base. Having started in 1972 as a small mail order...