Deal Overview
- Lead advisor
- PE acquirer
- Leveraged buyout
Momentum Corporate Finance LLP (“Momentum”) is delighted to announce the completion of its latest transaction, having advised the shareholders of ARC Building Solutions (“ARC”), including Newable Capital and Beechbrook Capital, on its significant investment from LDC. ARC is the market-leading provider of passive fire protection and thermal solutions for the built environment. This transaction represents a successful exit for Beechbrook Capital, with Newable Capital retaining a minority stake as part of the transaction. Momentum previously advised the shareholders on Beechbrook’s investment in 2023.
Based in Leeds, ARC manufactures certified and tested cavity barriers, offering up to four hours fire integrity, alongside thermal insulation products that support fire safety and energy efficiency. Its technical system solutions enable residential and commercial property developers to create safer, more sustainable spaces for people to live and work.
Founded in 2008, ARC has achieved consistent, long-term growth, supported by strong demand for safety critical and environmentally sustainable solutions. LDC is backing ARC’s management team, led by CEO Neil Weeks, and will support the business’ growth strategy, underpinned by investment in increased production capacity, enhanced systems and sales and support teams to continue to deliver a market leading service to its customer base.
The investment was led by LDC’s Yorkshire team, including Investment Director, Will Scales, Partner and Head of Yorkshire, Dan Smith, and Investment Executive, Connie Smith.
Following the investment, Will and Dan will join ARC’s board as Non-Executive Directors, alongside Kevin Sargeant who joins as Non-Executive Chair. Kevin brings nearly 30 years of board experience, including former roles at Volution, Ventilair Group, Nuaire, Flexicon and Aqualisa.
Newable, a specialist UK SME investor who have supported the growth of the business since 2019, will reinvest to support the ongoing growth of ARC, alongside LDC.
Neil Weeks, CEO of ARC, said: “This is an important milestone in our mission to help the built environment to deliver more safe and sustainable buildings. We’ve known the LDC team for some time and are confident that with their backing, we will have the firepower and strategic support we need to scale our growth and continue to deliver for our customers.”
Will Scales, Investment Director at LDC, said: “ARC has built an exceptional reputation for developing innovative, high-performance building safety products that are trusted by customers and the business has an exciting future ahead. As part of Lloyds Banking Group, we have deep heritage in the built environment, and we’re looking forward to working closely with Neil and the team as they turn their ambitions into reality.”
Momentum Corporate Finance acted as lead advisor to the shareholders of ARC, with CMS Cameron McKenna Nabarro Olswang LLP providing legal advice.
LDC was advised by RSM, Shoosmiths, Dow Schofield Watts, PMSI and Collinson Grant.
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