Mar-Key Group, the Christchurch-based temporary structure manufacturer, has secured private equity investment from Alcuin Capital Partners LLP.

With a number of recent large contract wins and overseas export projects, Mar-Key Group expects this investment to continue this growth trajectory.

Nick Seaman, Partner at Alcuin, commented: ‘We are delighted to have backed Ben and his team at Mar-Key.

“We have stayed close to the business for over a year now and are delighted to have been able to track its strong growth in Structure Solutions and the continued development of the manufacturing operations.

“Together they have built a strong and unique platform and we look forward to helping Ben and his team accelerate the business’s growth trajectory over the coming years.”

One the transaction is complete David Tabb, Mar-Key Group’s Founder and Chairman, will step down from his role, having led the group since its inception in 1991.

He will remain part of the business, continuing his contribution in the design of the products.

CEO Ben Scroggie said: ‘My own journey with David started in 1999 and I am pleased to say that David will remain part of the team, focusing on the growing international markets and continuing his contribution to the design of our products.

“I will remain as CEO, along with the other familiar faces within the Senior Management Team.’

He added: ‘From our initial meeting with Alcuin, we knew they would be a fantastic investment partner for our business. Not only do they appreciate the incredible extent of our growth potential, but they share very similar values to us.

“They understand the importance of our team and company culture, and how this translates to the excellent customer service that our clients know and choose us for.

“We’re extremely proud to have reached this pivotal moment in Mar-Key’s history, and are excited to continue our growth trajectory with the support of Alcuin.’

The partnership will enable investment into additional staff, machinery, and materials to boost their capabilities as a British manufacturer, and enable them to react to increasing customer demand.

This will allow the company to continue to drive forward growth in the UK and international markets.

• https://www.mar-key.com/

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