Carlyle acquires Brintons Carpets

The deal originated from a competitive process arranged by Brintons Carpets which attracted interest from several parties.

The business was bought out of administration and the investment will ensure the continuation of the company. Additionally, the firm has received a significant cash investment from Carlyle as part of the transaction. The injected capital will stabilize the business and enable the management to re-position Brintons and secure profits and future growth. Further plans include continuing the firm's existing strategic international expansion plan.

Debt
There was no debt structure involved in the transaction.

Company
Kidderminster-based Brintons Carpets is a manufacturer of specialist woven carpets for residential and commercial premises. Established in 1783, the company employs about 1,670 people in the UK, India and Australia.

People
Ian Jackson is a director at The Carlyle Group.

Advisers
Equity - Latham & Watkins (Legal), KPMG (Financial due diligence), Ernst & Young (Tax due diligence); CRF Capital Partners (Other due diligence)
Company - PricewaterhouseCoopers (Financial due diligence); Wragge & Co (Legal)

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• Topics
• Buyouts
• Consumer
• UK / Ireland
• Carlyle Group