Orbis advise Stuart Turner on their acquisition of AGM

Orbis has advised Stuart Turner on their strategic acquisition of Aquatronic Group Management (or “AGM”), a leading provider of cold-water boosting equipment and services in the UK. The transaction was led by Chris Gregory, Partner and Peter Waplington, Director. Stuart Turner is backed by Epiris, a leading private equity firm which invests in opportunities to transform businesses in partnership with exceptional management teams.

Based in Colchester, AGM designs and manufactures pressurisation and water booster units and installs and maintains fresh and waste-water pump systems. The company offers a nationwide service from its centres in Manchester, Colchester and Southampton.

Stuart Turner supplies water-boosting products that manage water pressure in residential and commercial applications. These range from domestic shower pumps, where the company’s Monsoon product is the UK market leader, to bespoke systems that combine cold-water boosting, pressurisation units and circulators to manage the supply of hot and cold water in commercial buildings and for industrial purposes.

This acquisition gives Stuart Turner access and capabilities in the service market, which is hugely complementary to their existing product offering. Orbis has supported Stuart Turner for over ten years and we are delighted to support them on their latest acquisition. This is the first acquisition Stuart Turner has made following Epiris’ investment and we look forward to supporting Stuart Turner with their future growth and development plans.