November 4, 2014
Industrials and Industrial Technology
Sale of Solidor to NorthEdge Capital LLP
GCA Altium has advised composite door manufacturer Solidor on its investment from private equity firm NorthEdge Capital.
Founded in 2004 and led by Gareth Mobley, Solidor is a leading manufacturer of hardwood core composite doors. With over 130 employees, the business has seen sales grow more than 10-fold in the last five years.
Private equity firm NorthEdge Capital, which has offices in Manchester and Leeds, is focused on investing in businesses in the North of England and the investment will allow Solidor to accelerate its growth plans by expanding its senior management team. The business will also continue to invest in operations, capacity and IT, whilst also looking at developing a buy-and-build strategy.
Having developed a long-standing relationship with Gareth Mobley, GCA Altium ran a tailored marketing process that was designed to find the right partner to assist Mobley in achieving his objectives for the business.