Supaglaze Ltd, trading as Shepley, has undertaken a management-led acquisition with new investment partner CorpAcq Ltd, which purchased all shares on 24 March 2017.
CorpAcq specialises in buying successful companies, and has a philosophy of keeping their existing identity and culture. These things are important to the management team at Shepley.
Along with the investment, Ian Griffiths becomes managing director, with Tony Ball as Shepley’s sales director and Lindsey Roden as finance director. The outgoing MD Tim Walker and operations director, Tony Fry, remain on hand to offer support.
“Careful consideration went into choosing CorpAcq, who we believe is the ideal fit for Shepley,” says Ian Griffiths. “We wanted a partner with whom we could maintain our independence. CorpAcq is a local company based down the road in Altrincham and it invests in successful companies for long-term growth.”
Shepley is said to be the UK’s largest fabricator exclusively using Rehau frames. The investment sees it continue to strengthen its customer support and products.
“So it’s business as usual for Shepley,” added Ian. “We will continue to develop the successful business plan that has been in place for the past nine years to deliver high quality products and fast reliable service to customers.”