Banco Finantia acted as financial advisor to Equistone Partners Europe on the acquisition of a majority stake in the Gardengate Group, one of Europe’s leading players in the production of aluminium gates and doors, from Crest Capital Partners, which will retain a minority stake alongside the Group’s CEO and founder and the management team.
Founded in 1997, the Gardengate Group has achieved a leading position at European level, particularly in France, among the main DIY players. The Group’s rapid growth has been driven by a strong focus on innovation, product quality, service excellence and the experience of the management team.
Equistone, in turn, will seek to support the Gardengate Group’s growth strategy through its strong European network of local offices. This will involve expansion into new geographies and the consolidation of its activities in Belgium, Luxembourg, Germany and the United Kingdom; the expansion and diversification of its product range; and the optimisation and strengthening of the growth of its online presence.
Equistone will also support the process of optimising and consolidating the Group’s various operations in order to increase its production capacity and profitability.
