Shaws Since 1897

We financed an MBO of Shaws in April 2009 from the Administrator

This niche manufacturing business was one of only a handful worldwide that provided maintenance / repair services to terracotta buildings, as well as manufacturing handcrafted fireclay sinks

It was part of the Irish group Qualceram Group plc, which specialised in the supply of bathroom furniture. Shaws became distressed simply because its parent was distressed

Having been impressed with the incumbent CEO of Shaws and recognising the long-term prospects for the business, we provided funds in a very short period of time to acquire the business and fund the business’s working capital requirements

In 2017, having tripled the profits in the eight years under our ownership, we successfully sold the business to Fortune Brands Inc., the NYSE-listed home and security products business