H2 Equity Partners agrees to invest in GBUK Group Limited


H2 Equity Partners (“H2”) is pleased to announce that it has agreed to acquire GBUK Group Limited (“GBUK”), a leading UK provider of medical consumables for the enteral & critical care market.

GBUK, based in Selby – Yorkshire, employs 70 FTE’s and has seen significant turnover growth in recent years. GBUK supplies a wide range of Enteral and Critical Care medical consumable products to the NHS, with sales to all 657 Acute Care Trusts in the UK. GBUK has a unique approach to the market with a wide product range which has enabled the business to grow at an impressive pace. H2 believe that these attributes will allow the business to continue to grow strongly and gain further market share in the coming years.

H2 Equity Partners plans to build on GBUK’s strong position in the medical consumables market to take the company forward. H2 and management will work together to expand the product range, increase penetration of existing and new customers. H2’s investment will support GBUK on its current organic growth trajectory whilst also allowing the business to target new opportunities both in the UK and abroad via both organic expansion and further complimentary acquisitions to strengthen the business.

H2 were supported in the transaction by Squire Patton Boggs providing legal advice with PwC and CIL performing financial and commercial due diligence respectively. Eversheds in Leeds and BCMS Corporate Finance represented the vendor. Yorkshire Bank provided acquisition financing as well as further working capital facilities.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.