Maven-backed UAP Group Limited acquired by Allegion plc

Transaktion

Sell-side

Undisclosed

Roll

Adviser to Maven-backed UAP Group Limited on its sale to Allegion plc

Sektor

Industri

Land

Storbritannien

We have advised Maven-backed UAP Group Limited (UAP), a leading designer and supplier of high-performance door and window hardware in the UK, on its sale to a subsidiary of Allegion plc (Allegion), a global leader in security products and solutions, following a period of significant investment and impressive revenue growth. Our combined team provided M&A, Modelling & Data Analytics support and ESG advisory.

Founded in 1996 and based in Bury, England, UAP sells a comprehensive portfolio of residential door and window hardware. The business has developed a portfolio of proprietary, IP-rich product designs with a strong emphasis on high security and advanced fire rated solutions for both B2B and B2C markets. With a focus on innovation and compliance, UAP’s products are rigorously tested to meet standards including Certifire, Secured by Design and BSI Kitemark, providing trusted hardware for manufacturers, installers and end users.

Since Maven’s investment in 2018, UAP has completed five acquisitions, consolidating its position as a market leader, while investing heavily in technology, R&D and a new state-of-the-art facility on the outskirts of Manchester.

We are proud to have supported UAP’s journey in establishing itself as a leading independent player in the UK market. The buy-and-build strategy delivered the successful integration of five complementary businesses that have broadened the product and service range, enhanced innovation and expanded into new markets. UAP now has a strong platform to accelerate its new phase of growth with Allegion. The Clearwater team has assisted in providing an excellent return for our investors throughout a brilliantly navigated process complemented by their deep buyer and sector knowledge.

Clearwater has been a trusted adviser to UAP over a number of years, providing excellent advice on exit strategy and market positioning, ultimately culminating in the successful exit to Allegion. They have demonstrated a depth of expertise across their M&A, Modelling & Data Analytics and ESG teams and we are grateful for their invaluable support and guidance throughout to achieve this outcome.
Tom Purkis, Partner, Maven

Bringing together UAP and Allegion adds great value for our joint distribution and customer base. We’re broadening our high-quality portfolios and creating meaningful opportunities to innovate together.
David Jennings, CEO, UAP

We are proud to have advised David Jennings and the team at UAP on this landmark transaction in the UK hardware and security sector. This deal brings together two highly complementary businesses and product offerings, creating a strong platform for continued growth and innovation. It’s been a pleasure to support the UAP team and Maven in achieving this successful outcome, and we look forward to seeing the business flourish under its new ownership.
Michael Loudon, Partner, Clearwater