Transaction

Transaction Details

Closed
October 28, 2020

Sector

Industrials and Industrial Technology

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GCA Advises Rhino Products on an Investment from LDC

GCA has advised Rhino Products, Europe’s leading manufacturer of light commercial vehicle accessories, on a significant investment from LDC.

Rhino was founded in 1997 by Clive Boult, who subsequently joined up with current CEO Steve Egerton in 2003. The firm has since become the leading designer and manufacturer of premium external load carrying and restraint systems for light commercial vehicles. Its innovative products are designed to address health and safety concerns of major fleet owners and provide high quality and reliable products for SMEs.

With two factories in the UK and further dedicated sites in the Netherlands, Poland and Sweden, Rhino is an internationally recognized brand, synonymous with innovation, quality and reliability. At the beginning of 2020, the firm moved to a new state-of-the-art headquarters in Ellesmere Port, UK, in order to expand capacity for innovation and product development.

The partnership with LDC will support Rhino’s management team in delivering its growth strategy through buy-and-build and further enhancing its market share in the UK and internationally. Rhino has a strong track record of growth, having increased revenues by 60% in the last three years.

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