Investment Completion - ESG
8 March 2016
We are delighted to announce a £5.5 million investment to back the management buy-out of ESG, a leading independent specialist glass processor.
- Investment Date: March 2016
- Investment: £5.5m
- Legal advisers: Gateley plc
Our clients committed a total of £5.5 million to the investment in ESG, the country’s foremost independent specialist glass processor. Shawbrook Bank also supported the transaction with a £5.6m debt package.
Our investment will provide vital growth capital to support the company’s plans for expansion as well as funding the management buy-out.
ESG was established in 2003. The company designs and manufactures a wide range of technical glass products. The core of the product range is toughened and laminated partition and architectural glass.
However, the product range also extends to specialist and highly sophisticated products such as high strength blast and bullet resistant materials, “switchable” products which use LCD technology to change colour, electronically controlled tinted glass designed to reduce a buildings energy consumption, and LED embedded glass.
Past commissions include high quality glass balustrade for the Queens enclosure at the 2012 Olympics and specialist glass products used in the new Heathrow Terminal 2.
"We’re thrilled to have secured this investment from Connection Capital to help us drive our business onwards and upwards. It’s great to see that so many private investors have recognised the potential in our business, pooling their funding through Connection Capital. We look forward to taking the business to its next stage of development together.” - Scott Sinden, Managing Director of ESG
If you are interested in receiving more information about future investment opportunities and are not yet a client of Connection Capital, please contact Steve Wilson.
Deal Announcement - ESG