Synseal is the UK’s leading supplier of PVC-U extruded products to over 700 UK based windows, door and conservatory fabricators.
The firm, founded in 1980, employs approximately 500 people at its 31 acre headquarters in Sutton in Ashfield, near Nottingham.
HIG provided funding of £30.5 million. The buyout will see the management team of Synseal, led by Chief Executive Officer David Leng, take a significant stake in the business.
Gary Dutton MBE, has retained an interest in the home improvements industry and plans to develop Doorstop International Limited, a composite door manufacturer.
Corporate Partner Gavin Cummings who led the team at Browne Jacobson, said:
“This transaction is a real testament to the success of the business which Gary founded, and demonstrates that funding is still available in the market for strong businesses with a proven track record and a quality management team.”
return to press office
click here to return to the press office more