Mid-market private equity firm LDC has exited its investment in water pressure-boosting solutions business Stuart Turner, in a secondary buy-out backed by Epiris.
Mid-market private equity firm LDC has exited its investment in water pressure-boosting solutions business Stuart Turner, in a secondary buy-out backed by Epiris.
Stuart Turner is a specialist in water-boosting solutions, with more than a century’s experience in engineering and product innovation, both in the UK and overseas. It has a long-established reputation for designing and manufacturing high-quality engineered products, including solutions for residential mains water pressure and commercial system pressure management. The business helps its customers to minimise energy usage and maximise water efficiency, contributing towards their environmental commitments.
LDC backed Stuart Turner in September 2017 to help accelerate its buy and build strategy and target further growth in the commercial pumps sector.
During a four-year partnership, LDC supported the business to make three complementary acquisitions to expand its range of products and services, including the acquisition of the UK’s leading mains-powered pressurisation unit and heating systems provider, Mikrofill Systems in March 2021. This followed the additions of Fluid Water Solutions in 2019 and GAH Heating in 2018 and, alongside a strong focus on new product development, these acquisitions have helped Stuart Turner to become a complete solutions provider in the pressurisation and hot water generation market across domestic, commercial and industrial sectors.
Epiris will support the next stage of the company’s growth journey as it looks to further broaden its product and geographic offering.
