Retail Asset Solutions Group (RAS), the market leader in the provision of supply chain management, stocktaking and merchandising services to the UK grocery and general retail sector.
THE HGL PRIVATE CAPITAL DIFFERENCE:
HGL Private Capital put together a compelling deal for RAS who have recapitalised their business with growth capital provided by Beechbrook and PNC.
The deal helped to provide a strong capital base that enabled RAS to invest further in technology-enabled services, consolidating their position in the UK. Since 2022 RAS has increased revenue by over 30% and demerged its operations into clear legal entities whilst providing best in class service to its customers.
“Chris and Andy provided fantastic support to me and the team as we navigated the process in a constructive and collaborative way. Their experience and expertise delivered us the right combination of deal economics and an ongoing business partner. I would highly recommend the HGL Private Capital to anyone embarking on a transaction. I am delighted that Chris is our Non-Executive Chairman and that he invested significant capital to show his support for the business and the team”.
Lois Heywood, Retail Asset Solutions (RAS) CEO.
RAS Group has subsequently successfully sold its Supply Chain Division to Certania AG in 2024, repaid all its institutional monies and is focussed on growing its remaining divisions under the leadership of Marc Yardley as MD.
