Cowgills advise owners of PlumbNation on the sale of the business to Travis Perkins
PlumbNation was set up on 2007 after its owner worked in the building supply sector for Plumb Centre and latterly Travis Perkins. The online retail business quickly grew to achieve sales of £14m by 2013 selling thousands of heating and plumbing products.
About the deal
Our corporate finance team advised the owner on the sale of PlumbNation to Travis Perkins plc. We helped identify the correct strategic buyer and advised on the deal from start to finish by structuring and negotiating the deal. As part of the deal it was agreed that PlumbNation’s owner would remain within the business in order to grow the business further and achieve further success.
“Throughout the whole process, when selling my business to Travis Perkins plc, the team at Cowgills were extremely knowledgeable, polite and timely, and 100% committed. Nothing was ever too much trouble and I felt they offered great value. If I found myself in this situation again I would turn to Cowgills without hesitation. I would whole heartedly recommend them to anyone who is considering any form of exit.”
Royden Evans, Managing Director, PlumbNation
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