A prominent online supplier of building products has filed for administration due to stock availability issues and tight cash flow in recent months.
Cairngorm Capital, the investment partner behind Independent Builders Merchant Group and National Timber Group, acquired the business. Shaw Gibbs ran a process on behalf of the shareholders to select an appropriate investor.
Who Owns Building Supplies Online?
BSO is an established online distributor of building products, offering competitively priced roofing supplies, windows, doors and bathrooms at unbeatable prices. It also carries insulation, flooring and fencing at competitive prices to provide customers with one-stop shopping for essential building materials online. It was established in 2010, with over 50,000 items available to order online.
Cairngorm Capital Partners recently formed a strategic partnership to enable the company to reimagine and expand into new markets. They have also appointed the head of buying for this growing division – formerly employed at Wickes and Travis Perkins, where he led several sourcing projects that resulted in cost and supply chain efficiencies across numerous categories. Furthermore, Shaw Gibbs worked with the BSO team on industry research as part of this process, providing an in-depth analysis of their business model and a detailed review of operations.
Insulation4less Ltd is an online building supplies retailer with over ten years of experience. They offer competitive prices on a wide selection of items and excellent customer service that has seen them develop a loyal base over time.
Insulation4less offers one of the UK’s largest selections of insulation materials, such as the floor, wall, ceiling and roof insulation. They carry 34 top brands from trusted names like Celotex, Kingspan, Knauf, Recticel and Rockwool. Plus, their online prices are competitive, with free delivery available too!
The company’s partial address is Offaly, and its status is Normal. Established on Thursday, July 8th 2021 and currently has three shareholders, Mr Manning has been a Director since 2021 and holds Directorships in seven other companies. For further insight into this company and its directors, purchase a Standard Company Report or Credit Report today!
Established in 2010, BSO is one of the UK’s leading online distributors of building supplies and tools. Their inventory boasts more than 50,000 SKUs, all at competitive prices.
Shaw Gibbs Corporate Finance served as the exclusive advisor to BSO shareholders on their strategic partnership and investment with Cairngorm Capital, a specialist private investment firm. Their involvement will give BSO access to industry expertise and the financial backing they require to realize their ambitious growth plans.
It was a tall order; therefore, we chose the smallest option in both large and small categories – an expedited sale process for the company’s plant and machinery assets. It was an incredible chance for one of our clients to exit the building supply business quickly and focus on their core businesses. Collaborating with Hilco was an absolute pleasure; we look forward to working together again!
Building Supplies Online Ltd
BSO is a builder’s supply shop that sells roof windows, doors and bathroom equipment, insulation, tiles and garden tools.
Established in 2010, Banbury-based The Building Supplies Store provides competitively priced building supplies and tools to trade and retail customers. With an expansive online catalogue featuring over 50,000 SKUs, it has quickly become one of the UK’s most prominent building materials stores.
Cairngorm Capital, an investment partner of Independent Builders Merchant Group and National Timber Group, acquired Building Supplies Online from its shareholders in 2017. They are working with Shaw Gibbs Corporate Finance to identify a new owner to accelerate the business’ expansion plans further.
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