Announced
Completed
Financials
Sources
Tags
Majority
Friendly
Cross Border
Completed
Private Equity
Single Bidder
Acquisition
power tools
Private
United Kingdom
Building Materials: Other
Synopsis
H2 Equity Partners, an investment company, completed the acquisition of FFX Group, an independent supplier of power tools, fixings and building supplies, from Foresight VCT, an infrastructure and private equity investment manager, for £17m. “FFX has been a great success story for the Company and for our shareholders. We are delighted that Foresight has been able to make such a positive contribution to the growth of the business which has created over 125 new jobs, and we wish FFX every success for the future with H2,” John Gregory, Foresight VCT Chairman.
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