Transaction

Clearwater UK advises Shaftec on securing investment from Ardenton Capital

Transaction

Shaftec Automotive Components received investment from Ardenton Capital

Sell-side

Undisclosed

Role

Adviser to Shaftec Automotive Components on receiving investment from Ardenton Capital

Sector

Automotive

Region

United Kingdom

Clearwater UK has advised Shaftec Automotive Components (Shaftec), a leading supplier of remanufactured and new components to the automotive aftermarket, on securing investment from Ardenton Capital (Ardenton), with funding support from PNC Business Credit UK.

With over 30 years of manufacturing heritage, Shaftec has developed a strong brand based on its reputation for remanufacturing expertise and exceptional levels of customer service. Operating from its 42,000 sq. ft. facility in Birmingham, it distributes products across the UK and Europe. The business offers its customers the largest range of premium products, with stock including driveshafts, CV joints, brake calipers, steering racks, steering pumps and bootkits.

image 66

At Shaftec, we have always strived to improve the quality of service and product delivery we provide to our customers. The business has grown revenue by more than 50% over the last 3 years driven by the strength of the team we’ve been able to build.

Rob Jones, Managing Director, Shaftec
image 66

We seek to partner with exceptional management teams who demonstrate a clear passion for their business and are committed to long term and sustainable growth. Shaftec is a true market leader and its success to date is a testament to the operational excellence and dedication of its management team.

Iain Marlow, Director of Ardenton UK

We’re pleased to have advised Shaftec on finding a strategic partner to help it continue its success. With the support of Ardenton, we look forward to watching Rob and the team further consolidate the company’s position in the UK market and continue its drive into Europe.

Rob Britton, Partner, Clearwater

Advisers

Transactions