DC Advisory advises Mayfair Equity Partners on its investment in Garolla

Background

• Garolla is a market leader in roller garage doors, operating on a franchise model with an established base of more than 130 franchisees across the UK and Republic of Ireland
• Garolla provides an end-to-end proposition, allowing consumers to design a custom-fitting roller garage door that is manufactured by Garolla and installed by its franchisee base supported by a trusted Direct-to-consumer (DTC) brand
• Garolla has delivered 85%+ revenue CAGR and 250% EBITDA CAGR over the last three years (FY19-FY21) at market leading EBITDA margins
• Mayfair Equity Partners (Mayfair) is a dedicated sector investor, with over GBP 1 billion in assets under management

Process

• DC Advisory (DC) was engaged by Mayfair to provide M&A and debt advice in relation to the acquisition of Garolla
• DC provided Mayfair with:
  • valuation support;
  • strategic advice;
  • an assessment of various potential exit opportunities;
  • debt advice; and
  • tactical process advice

Outcome

• In May 2022, Mayfair completed its investment in Garolla, with the incumbent management team remaining in place to drive the business into its next growth phase
• Mayfair’s investment will support Garolla’s future growth plans, including domestic and international expansion of its franchise model, increasing installation capacity, and growing its DTC capabilities
• The transaction further enhances DC’s track record in the consumer and building products space

“Mayfair is delighted to have worked with Anthony Greensmith, Nam Quach, Mark Ward and the wider DC Advisory team on this investment. Their sector knowledge and hard work, alongside the strategic and tactical M&A advice provided, has allowed us to execute this transaction. We look forward to partnering with the Garolla management team to deliver their ambitious growth strategy. We would also like to thank DC Advisory for their efforts and look forward to working with them in the future.”

“We are delighted to have advised Mayfair Equity Partners on their investment in Garolla. Garolla is an excellent business, and we are confident that it will continue its exceptional growth story with Mayfair as their new partner. This transaction is a prime example of Mayfair Equity Partners' tailored investment approach and unique ability to support businesses through their dedicated team of functional specialists.”