Orbis has advised the management team of Stuart Turner, a leading manufacturer of pumps and water-boosting products, on the secondary buyout with Epiris.

Orbis have been working with the management team at Stuart Turner for over 10 years, supporting them on several strategic acquisitions and other advisory services. The Orbis team was led by Partner Chris Gregory and Director Peter Waplington.

Established in 1906, Stuart Turner is a market leader in water-boosting solutions offering an extensive range of pressurisation and hot water generation products across domestic, commercial and industrial sectors. The transaction will see LDC exit their investment in Stuart Turner following a successful four year partnership where they made three complementary bolt-on acquisitions in GAH Heating, Fluid Water Solutions and Mikrofill Systems.

The secondary buyout with funding from Epiris will support the next stage of Stuart Turner’s growth as it looks to further broaden its product and service offering and international presence.

Orbis continues to support Stuart Turner with our strategy to become a full water-boosting solutions provider, not only in the UK, but expanding into international markets too. Orbis has supported the Stuart Turner management team on all our strategic acquisitions, including over the past four year partnership with LDC. They have provided practical and pragmatic advice to the management team as part of the secondary buyout with Epiris, providing valuable input on the key commercial aspects of the deal. We look forward to working with Orbis and Epiris on further strategic acquisitions.

Richard Harden, CEO

We are delighted to support the management team with their secondary buyout with Epiris. Having sold the business to LDC in 2017, we have supported the management team and LDC on several strategic acquisitions which has further developed Stuart Turner’s market leading position within the heating and water boosting market. Going forward, Epiris’s backing will enable the management team to deliver their ambitious international growth strategy by supporting further new product development and bolt-on acquisitions. We look forward to supporting the management team and Epiris on the next stage of the Stuart Turner journey.

Chris Gregory

Equity Funding was provided by Epiris and Senior debt facilities from Barings

Legal advice was provided by Tom Rush and Jamie Gillespie at Gateley Legal Birmingham

Tax advice was provided by Tom Whybrow and Sarah Charles at KPMG Birmingham

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The statutory directors of Orbis Partners Ltd are Chris Gregory, James Grenfell, Gary Ecob and Shah Zaki.