Threesixty Investments receives £2m funding from Arbuthnot Commercial for business acquisition

This recent support by ACABL marks the fourth transaction funded by the lender for the investment group, with previous acquisitions including Summit Engineering, Pen Cutting Tools, and Technocover.

In addition to financing the acquisition, the funding package, which includes a combination of receivables financing and a cash flow loan, will enhance working capital to facilitate further growth.

Peter Raybould, director at Threesixty Investments, said: “This marks our fourth transaction with ACABL, where on this occasion, they signposted the opportunity to acquire the business — a testament to the strength of our partnership.

“By combining Arbuthnot’s funds with our equity, we have established a robust financial model for day-one operations.

“This model will enable us to expand our three existing sites and explore opportunities for a fourth depot in a different location.” 

Andrew Rutherford, commercial director at ACABL, said: “ACABL is proud to support Threesixty Investments in its acquisition of Cooper Drainage Supplies, marking our fourth successful collaboration.

“There is a growing trend toward retirement sales, which represents a significant opportunity for acquisitive groups like Threesixty Investments.

“We look forward to potential opportunities to partner with Peter and his team on future acquisitions.”