Inflexion supports Huws Gray’s acquisition of Ridgeons

Inflexion Private Equity is pleased to announce that its portfolio company Huws Gray, an independent builders merchants, has acquired Ridgeons Ltd (“Ridgeons”), an independently owned timber and builders merchants trading from over 40 mixed branches in East Anglia.  This follows the minority investment by Inflexion Partnership Capital I in Huws Gray in April 2018.

The transformational acquisition will significantly increase Huws Gray’s store base and broaden its national presence, making it the UK’s largest independent builders merchants.  Like Huws Gray, Ridgeons has a strong focus on the growing repair, improvement and maintenance segment, as well as a large and diversified customer base of over 16,000 clients. The transaction is the fifth acquisition made by Huws Gray in less than six months.

This investment was made by affiliated funds advised by Inflexion Private Equity Partners LLP.

Huws Gray

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