Deal alert

Advising shareholders and management of Stuart Turner on secondary buyout

Gateley Legal

We have advised the shareholders and management of Stuart Turner on the secondary buyout with private equity firm Epris. The deal sees LDC exit their investment following a successful four year partnership with the business.

Stuart Turner is a leading engineering company specialising in the manufacture of pump and water boosting solutions. LDC first invested in Stuart Turner in 2017 and since then the business has seen revenues grow by more than 66% from £24m to over £40m. During this time, the business has expanded its offering to the market, and made several acquisitions.

Tom Rush, partner, said “We are delighted to have continued our long-standing relationship with Stuart Turner and to have advised the shareholders and management on this deal. We look forward to supporting Epiris and the business in the next phase of its growth journey.”

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