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RDCP Group acquires Majestic Windows with SME Capital backing.

SME Capital is thrilled to be supporting London-based investment firm RDCP Group (RDCP) with their latest acquisition, acquiring Somerset-based double glazing, door, and conservatory manufacturer Majestic Windows

The deal gives RDCP a 98% stake in Majestic Windows, a £2 million EBITDA business. The business consists of the manufacturing company Majestic Window Designs (MWD) and and its sister retailing and installation company Majestic Designs (UK). 

Majestic Windows is a family run double glazing company based in Cheddar. From here the business manufactures all its windows, doors, and conservatories which are installed to meet the highest industry standards.

Majestic has been in operation for over 20 years, with a focus in the Somerset area. James Martin, Majestic Designs (UK) Managing Director will remain with the business becoming Group Managing Director and work closely with RDCP leadership, Sameer Rizvi, Iryna Dubylovska and Paul Clunn.

SME Capital have provided a 5-year funding structure to assist with RDCP's latest transaction, led by SME Capital Regional Director, Stuart Watson and Neil Sharp, Director at TML Finance and Advisory, who structured the lending package to assist with the purchase. 

Majestic Offices - SME Capital

Sameer Rizvi, Founder & CEO of RDCP Group explained:

"Majestic Windows is our first acquisition in the manufacturing sector and is an important step forward for RDCP as we increase our strategic capital allocation towards UK manufacturing businesses. Majestic is a well-established business with an excellent reputation and customer base. We look forward to working with James and the team to expand the business further. We are long-term investors which means we work closely with the management team to help them deliver on the potential of their businesses.”

James Martin, Group Managing Director at Majestic Windows said:

“For over 20 years, we have been serving Somerset homeowners with our outstanding service and building our reputation as the best in the business. We’re delighted to be joining the RDCP Group. This can only improve our service offering and we are looking forward with enthusiasm to what can be achieved."

Stuart Watson, Regional Director, Business Development SME Capital said:

“RDCP has identified Majestic Designs (UK)  as another excellent acquisition. Majestic Windows has a first class reputation in the sector with a proven management team.  The acquisition will take Majestic Windows to the next level of their growth strategy as RDCP will be able to support their geographic spread into Bath, Bristol & Exeter.

“We have been pleased to support RDCP in this further acquisition with a five year loan including a capital repayment holiday and bullet repayment structure to help with the initial integration and maximise cash headroom given continued macro-economic uncertainty. This is another introduction from Neil Sharp of TML Finance & Advisory. Also thanks to Matt Ingram & team at Squire Patton Boggs.”

Neil Sharp, Director at TML Finance and Advisory added:

“RDCP continues to impress me with its growth trajectory. Sameer and Iryna recognise the future potential for Majestic Windows and this deal allows the business to continue with its ambitious growth plans. It’s also been great to work with Stuart Watson and the wider team at SME Capital to assist the smooth completion of the transaction.”

If you would like to discuss acquisition financing in more detail or our wider funding capabilities do get in touch.

About SME Capital

SME Capital was founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. We understand the importance of real and trusted relationships in the SME lending market and have dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, we are supporting established UK SMEs with their long-term objectives and business ambitions.

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May 2023

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