Intrinsic Equity’s investee company - Sangamo - has been sold to Tamworth-based lighting, wiring accessories, and security products supplier, Scolmore Group, in a multi-million-pound undisclosed deal.
Established in 1921 and based in Glasgow, Sangamo is an esteemed supplier of energy-saving, control and monitoring products for domestic and commercial applications. The business has a worldwide reputation for the ma... more
Independent specialist architectural solutions business Laidlaw has stepped up the pace of its strategic plan with further significant investment from its shareholders Intrinsic Equity.
Having acquired the business in 2016 following the collapse of Leaderflush Shapland Limited part of LIG, the management team set the ambitious challenge to reorganise and grow the business.
Commenting on the further investment ... more
Intrinsic Equity’s investee company Homes Caring for Autism (HCA) has been sold to nationwide learning disability provider Care Management Group (CMG) for £12 million, representing a 9x return on investment.
HCA is a group of ten care homes based across Somerset, North Somerset and Wiltshire, specialising in residential care for young adults with complex needs arising from autism. Established in 2003 by Richard Smi... more
Intrinsic Equity are delighted to announce that portfolio company Abacus Lighting has won the highest official UK award for British business, The Queen’s Award for Enterprise: International Trade 2017.
The Queen’s Awards for Enterprise have been operating in various forms since 1966, awarding businesses for outstanding achievements in International Trade, Innovation, Sustainable Development and Promoting Opportunit... more
Ham Baker Group Ltd a company controlled by Birmingham-based Intrinsic Equity, has acquired Industrial Valves Ltd, Industrial Penstocks Ltd, Industrial Pipeline Solutions Ltd, IVL Flow Control Ltd and FJ Estates Ltd, together with the trade and assets of the Flow Division of Ham Baker Adams Ltd. The purchase has been funded with £5m of capital from investment house Intrinsic Equity in partnership with Alycidon Capital,... more
We are delighted to announce that Intrinsic Equity has won the SME 2016 award at the national IFT Awards for the turnaround of Accutronics Ltd. The IFT is Europe's leading representative body for accredited turnaround and transformation professionals.
Accutronics was bought out of administration in September 2009 in a deal led by Intrinsic Equity after the parent company tried to wind down their UK operations and t... more
Intrinsic Equity today announce an investment in Telford-based Storm Gaming Technology to further the development of the Storm Gaming portfolio and help the business deliver their ambitious strategic plan.
Storm Gaming Technology is an independent manufacturer of digital land-based gaming solutions, supplying fully compliant gaming platforms to operators in the UK, Spain, Holland, Belgium and Croatia, with aroun... more
Three years after Midlands based Abacus Lighting was purchased out of administration in a rescue deal led by Intrinsic Equity, the investment vehicle of Orbis Partners, the business has posted a strong set of results for its third year of full trading.
Founded 58 years ago, Abacus Lighting is one of the leading providers of lighting solutions to the rail, sport and infrastructure markets in the UK and overseas. Aba... more
Intrinsic led the investment in Accutronics in September 2009 when the assets and trade were acquired out of administration, saving 47 jobs in Newcastle under Lyme. The business was acquired on 13th January by US based Ultralife Corporation (NASDAQ: ULBI) for £7.6m, representing over a 30 times cash return.
Accutronics is a leading independent designer and manufacturer of smart batteries and charger systems, for hi... more
Laidlaw Architectural Ironmongery and Balustrading Solutions, the Willenhall division of the Laidlaw Interiors Group, has been acquired out of administration by Intrinsic Equity.
Richard Hawes and Clare Boardman from the business advisory firm Deloitte were appointed joint Administrators of Laidlaw Interiors Group Limited, Laidlaw Interiors Limited, Leaderflush Shapland Limited, Interiors Manufacturing Limited, Laid... more
Intrinsic’s turnaround triumph continues winning the ‘Turnaround Team of the Year’ award for the fifth consecutive year. The team were recognised for the turnaround of industrial acoustics business TMAT which was acquired in 2009 for £200k and successfully exited in late 2014 for £5.3m.
The team was also highlighted for investing in the £10m restructuring of Midlands based Homebuy, a leading retail credit business t... more
London based energy efficiency group, powerPerfector, has been acquired out of administration by Intrinsic Equity, the investment vehicle for Birmingham based Orbis Partners.
The business has been recapitalised with a substantial investment and will also benefit from more flexible working capital facilities from Shawbrook Bank. The existing management team will be enhanced by additional strategic, financial and mana... more
Two years after Abacus Lighting was purchased out of administration the business has posted a strong set of results for its second year of full trading. Turnover has increased from £18.6 million in 2014 to £20.1 million in the year to 30 April 2015. Underlying earnings before interest and depreciation increased to £2.3m from £1.5. At the year end the Mansfield based group was free of external debt.
In May 2013 th... more
The achievements of some of the region's top manufacturers have been recognised at Insider's Made in the Midlands Awards on 20-May. The event held at the Hilton Birmingham Metropole NEC and hosted by Declan Curry, presented eight awards to the most impressive Midlands manufacturers.
Kurt Jacobs, editor of Midlands Business Insider, praised all the assembled businesses. "To say that Midlands manufacturing is enjoying... more
Birmingham based corporate finance advisers Orbis Partners has advised on the sale of TMAT Limited to the North American group Blachford Incorporated. Simon Gill at Gateleys in Birmingham provided legal advice to the TMAT shareholders.
TMAT, based in Chesterfield, Derbyshire, designs, engineers and manufactures acoustic components for industrial and agricultural vehicles. It supplies major original equipment manufac... more
We are delighted to announce that Homes Caring for Autism (HCA) are the proud winner of the 'Care Employer Award 2014' from the Great South West Care Awards.
This award has been achieved due to the hard work, dedication and commitment from all the team at HCA. As a regional winner of this award, they will now go forward to the national finals to be held in London in the Spring.
The South West Great British Care... more
Intrinsic Equity has done it again, its fourth win in a row, with claims by voters that it is "providing dynamic and straightforward advice and success on several turnaround transactions" through "a very strong corporate finance team".
The awards, which gathered close to 600 of the region's leading lights in dealmaking to the The Hilton Metropole Hotel, Birmingham, were a celebration of the very best in the industry... more
Intrinsic Equity, the investment vehicle for Orbis Partners, has partnered with Seneca and the management of Homebuy in a £10m buy out of the Group that delivers significant funding to support growth. Homebuy is a leading retail financial services business headquartered in the Midlands and has operations across the UK in Glasgow, Belfast, Rotherham, Wigan and Seven Oaks.
Homebuy has 20,000 customers and will use the... more
Orbis has advised and invested in the Management Buy-Out of Macro Art, a specialist wide-format digital printing business. Funding to support the MBO was provided by YFM Equity Partners which has invested £2.1m as part of a £3.9m financing package of investment and working capital facilities.
Macro Art is a specialist wide-format digital printer which has printed building wraps for Selfridges and Harrods London stor... more
Homes Caring for Autism (HCA) became the proud winners of the LaingBuisson all round Service Excellence award.
The LaingBuisson Award for Service Excellence is a special award recognising the providers that challenge the conventional in order to deliver truly innovative services.
LaingBuisson said: 'Back for the second year running LaingBuisson presented a special award for all round Service Excellence. For this... more