Acquisitions

GCH Capital Ltd

GCH Capital Ltd is a privately owned and personally financed group of companies. Since the group was founded it has acquired nine industrial manufacturing and distribution businesses, supplying and servicing customers in the UK and Europe. After acquisition, each subsidiary business is kept autonomous, not absorbed or subsumed into a larger entity and the strategy is to grow and develop (not trade or strip) each business with investment capital and add-on acquisitions.

The Group is well capitalised, has a strong balance sheet, and is cash rich. There is no debt or external financing and no reliance on banks and all acquisitions are funded by cash resources.

 


Acquisition Strategy

• GCH Capital is funded by Greg Hutchings, an experienced individual who has previously built and run a FTSE 100 industrial conglomerate
• Aims to build a substantial family business group for the long term
• Considerable experience of running and developing industrial manufacturing and distribution companies
• Looking to acquire (not trade or strip) a number of small UK based businesses
• Keep businesses autonomous,not absorbed or merged within any group
• Significant personal cash resource to fund potential acquisitions- no need for bank debt/credit committees
• Seeks to grow & develop any acquired business with investment capital and add-on acquisitions
• Would like to retain and encourage existing management
• Non-bureaucratic and quick decision making

Acquisition Criteria

GCH Capital are looking to acquire businesses matching the following criteria:
• Companies involved in industrial manufacturing/distribution
• Well established and profitable based on EBIT around £2.5m- £3.5m pa
• Strong NAV
• Limited goodwill
• Minimal debt
• Positive cash flow
• Preferably operating within a niche market
• UK based
• Add-on (to existing subsidiaries) acquisitions (smaller EBITs than group acquisitions)