H2 Equity Partners has invested in Northants-based Buttress Group, the company which sells, installs, services and supplies warewashing and ice making equipment and parts to the UK commercial catering market.
H2 Equity Partners is currently investing its £300m Fund VI which was raised in October 2021.
Morgan Atherton and Darren Hagan of Bishopsgate Corporate Finance were lead advisors on the deal, supported by Richard Cox, Gavin Cummings and Sam Sharp at UK & Ireland law firm Browne Jacobson.
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Oliver Booth, managing director at Buttress Group, said: “We are delighted to conclude this transaction with H2 to support the next phase of Buttress Group’s growth and ensure it continues to provide excellent products and services to its customers. I’d like to thank Bishopsgate and Browne Jacobson for their hard work and expertise in finding and securing the ideal investment partner for the group.”
Morgan Atherton, managing partner, Bishopsgate Corporate Finance, added: “Bishopsgate has a longstanding relationship with Buttress, having advised the shareholders on numerous transactions over many years so we’re very pleased to have helped orchestrate this exciting transaction which will help propel this market leading business further forward.
“This deal adds to our extensive track record of advising entrepreneurial privately owned companies on seeking capital and investment to drive growth.
“It’s been a pleasure to work with Oliver and the shareholders and we wish him and his management team continued success with their new partner, H2 Equity Partners.”
Source: The Business Deck
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