Rutland Partners is pleased to announce that on 7 November 2017 it agreed and completed the sale of Brandon Hire to Vp plc for a total consideration, including completion adjustments, of c.£69 million. The disposal from Rutland Fund II realises a return of 2.6x its...
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...
Article on Brandon Hire's acquisition of Phoenix Surveying Equipment in Corporate Financier Magazine Corporate Financier is the magazine of the Corporate Finance Faculty and the largest network of professionals in Corporate Finance. Read full article Back to News...
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 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...