Clearwater International has advised leading consumer home improvement brand, Everest, on its acquisition by private equity firm, Better Capital.
Better Capital has committed £25 million to fund the acquisition and for working capital and restructuring requirements of the business. Everest is a leader in a range of home improvement installations including windows, doors, conservatories and driveways.
“Everest is a business with a strong heritage and well-known consumer brand with a strong presence in the market. We were impressed with the speed and deliverability that Better Capital exhibited in this process to secure the deal. The funding they have provided will support the continued growth of the company and ability to take further market share.”
Chris Smith, Partner, Clearwater International