Gradus is a contract interior solutions provider with a market leading position in the manufacture of flooring accessories. PPCF acted as lead advisor on the tertiary management buy-out supported by Endless LLP. The transaction provided an exit for Caird Capital and provided an opportunity to re-incentivise the leadership team at Gradus.
With a turnover close to £40 million and almost 300 employees serving both the UK and international markets, Gradus offers commercial solutions for floorcoverings, barrier matting, wall protection and lighting design, in addition to a comprehensive range of stair edging and floor trim profiles.
David Hardless, who led the transaction for PPCF, said “Gradus has traded robustly against a difficult economic backdrop and under Endless’ and management’s ownership looks set to continue to lead its market.”