FFX Group has been acquired by H2 Equity Partners

Arrowpoint Advisory’s Consumer and Industrial sector teams have advised FFX Group (“FFX”), a specialist omni-channel distributor of power tools and fixings to the construction and DIY trades, on its sale to H2 Equity Partners (“H2”). 

Following an MBO backed by Foresight Group in 2015, FFX has grown significantly, opening a new distribution centre and a new head office in Kent, launching an extensive range of its own products and established an industry-leading direct sales team to expand FFX’s customer base.

FFX’s significantly larger range (75k+ SKUs), superior service and better prices than all major competitors creates a compelling proposition for its customers and in the last 12 months, whilst many in the market saw difficult times with building sites or stores closed and lower consumer demand, FFX has experienced (and continues to experience) high growth across its sales channels.

Patrick Ker, Deputy Chairman of FFX Group, said: “The Arrowpoint Advisory team has been exemplary. Flexible where necessary, resilient at times, patient and diplomatic throughout. They’ve guided us when we were in danger of leaving the well-trodden path; they’ve always known the battles worth fighting – and winning; they’ve explained a million things to us through the process, always with good humour. I really cannot recommend them highly enough, terrific!”

James Livingston, Partner, Foresight Group, commented: “Arrowpoint Advisory ran a very well-structured process to optimise value for shareholders and navigated the inevitable ups and downs of a transaction calmly, cordially and professionally. Delighted with the result.”

Jamie Hutton, Director, Arrowpoint Advisory, added: “It has been a pleasure working with FFX and we are delighted to have delivered an outstanding result for all stakeholders. Over the last four years Patrick and the team have created an exceptional business, which despite the challenging environment, has only grown stronger over the last year and we look forward to watching the business continue to go from strength to strength under new ownership. ”

Graham Carberry, Managing Director, Arrowpoint Advisory concluded: “FFX has been on an exciting journey under Foresights ownership culminating in a fantastic exit. With H2 the business has a new partner whose deep sector experience will be instrumental in driving continued rapid growth and building on the disruptive platform the team has created.”

Contact the deal team