Corporate Finance

Team achieves sale success for decking specialist

Regional market leader PVS bought by Epwin Group

Background

PVS Holdings is based in Great Yarmouth, Norfolk and is a leading supplier of decking, verandas, fencing, balustrading, access ramps and hot tubs. Established in 1988, the company holds a dominant market position across Norfolk, Suffolk, Essex, Cambridgeshire and Peterborough, and the opening of a new showroom created significant opportunities for growth, particularly in the consumer market.

The owners of PVS were looking to sell their shareholding in the business, and appointed FRP to lead on the sale.

Action

Our Corporate Finance team acted as lead adviser throughout every stage of the sale, creating a detailed information memorandum about the company and its numerous growth opportunities, which was presented to multiple potential buyers. The team negotiated the price of the business and a deal structure that aligned the interests of all parties, and project managed the comprehensive financial due diligence process, supporting the transaction from start to finish.

Outcome

Our team secured the sale of PVS Holdings to Epwin Group, listed on the London Stock Exchange’s AIM market. Epwin is one of the UK’s largest manufacturers and suppliers of PVC windows, doors and fascia systems, with some of the best-known manufacturing and service names in the sector. The deal provided an immediate significant cash payment, as well as a commitment from the buyer to continue with the existing operation and staffing.

Our team secured the sale of PVS Holdings to Epwin Group, listed on the London Stock Exchange’s AIM market. Dave Howes Corporate Finance

Related team

Dave Howes

Dave Howes

  • Partner
  • Corporate Finance
  • Norwich

James Cooper

James Cooper

  • Director
  • Corporate Finance
  • Norwich