Arrowpoint Advisory sells ABI to LGV Capital

Arrowpoint Advisory announces the sale of ABI (UK) Group Ltd to LGV Capital Ltd  and management.

ABI, based in Beverley, Yorkshire, employs approximately 300 people and is one of the UK's leading manufacturers of caravan holiday homes, selling to all major caravan park operations.

Arrowpoint Advisory was retained by the shareholders, including Barclay Ventures and marketed the business to a selected list of private equity sponsors in a competitive process.

LGV's sector experience, determination, flexibility and strong support for the existing management team led by Chief Executive, Mel Cooper, and including Richard Jones, Dean Hague, Paul Clackstone and Stephen Hardaker, made them the ideal choice for the shareholders and the business.

Alex Brebbia, Director at Barclays commented: “Despite the challenging macro-economic backdrop, a combination of experience, tenacity and knowledge demonstrated by the team at Arrowpoint Advisory ensured a deal which suited all parties was found and completed.”

Patrick Groarke, Managing Director at Arrowpoint Advisory said: “We are delighted to work with Barclays Ventures again to secure a strong return for a market leading manufacturing business.”

Graham Carberry, Director, Arrowpoint Advisory added: “We are delighted to have been involved in this deal, which has delivered an excellent result for all parties. LGV Capital have captured a great business with a great management team and a great future.”

Contact the deal team