6
JULY 2014 PRO INSTALLER
PRO NEWS
www.proinstaller.co.uk
Five Year Credit
Facility To Synseal
Proventus Capital Partners III has provided a
5-year GBP £46 million
credit facility, including
both a term loan and
acquisition facility to
Synseal Extrusions
Ltd (“Synseal”). It will
be used to refinance
existing debt and to
continue to fund the
buy-to-build strategy.
Synseal is the leading manufacturer of extruded PVC-U
window and door profiles,
sealed glass units and conservatory roofs, operating
from three facilities in the
Midlands. The firm has
revenues in excess of GBP
100 million and employs
more than 900 staff. It is
owned by the mid-market
private equity firm H.I.G.
European Capital Partners
LP (“H.I.G.”) and management, both with significant
industrial experience and
both of whom continue to
support the company in its
next phase of growth.
“We are delighted to be
working again with Proventus,” says Paul Canning, MD
of H.I.G. European Capital
Partners. “We believe it
is the perfect partner to
sit alongside and support
H.I.G. and management’s
plans to grow the business
organically and through
market consolidation.”
David Leng, Synseal’s CEO,
comments: “Proventus has
delivered a flexible package that allows Synseal to
Bond It
completes
international
charity
endeavour
Bond It, one of the UK’s fastest growing
manufacturers of sealants, silicones, tile adhesives,
waterproofing compounds, polyurethanes and
other building chemicals, has completed an
impressive international charity endeavour.
accelerate our organic and
acquisitive growth.”
email mark.s chlotel@
synseal.com
Champion
Tony Takes
The Double!
Swish-sponsored Tony Lloyd (AKA
@shortarmgolfer) took the double
by winning both the European and
French Opens. Previously, Tony’s
best placing had been 5th in any
European Disabled Golf Association
tour and he wasn’t expecting to win
category 2 in the AA St. Omer, Open
de France an EDGA PREMIER Series
tournament – but he did by an amazing 12 shots - quickly followed by his
winning the European title just two
weeks later.
“I knew I’d played well at the French
Open,” said double Champion Tony who
is sponsored by Swish Window and Doors
Systems. “But I didn’t realise that I’d won
until after the final hole.
“It was a tough course. Last time I played
it spanked me so to go back and get some
redemption was brilliant!On the final day
my opponent was my friend, Miroslav Lidinsky. He ended up second and it felt good
standing on the podium with him.”
Jon Skinner, joint MD of Swish Window
and Door Systems, added: “This is a brilliant
achievement. The whole team follow his
progress and this is a superb result.”
Twitter @shortarmgolfer
Following months of hard work and a
campaign which secured the support
of people across the UK, the business
has recently helped donate thousands
of unwanted rugby league shirts to
young people across Papua New Guinea (PNG).
Papua New Guinea is a nation where there
is extreme poverty and where around one
third of the population lives on less than
$1.25 per day. It’s also a country that’s passionate about rugby league and that’s given
rise to an impressive number of world-class,
world renowned stars.
Bond It teamed up with one of these legends, Stanley Gene - who has captained the
PNG national team and played for numerous
teams in the UK including Hull KR, Huddersfield Giants, Bradford Bulls, Hull FC and
Halifax RLFC - to arrange the donation.
The company worked with Stanley’s charity,
The Stanley Gene Foundation, which aims to
help young Papua New Guineans create better futures for themselves through activities
that include working with isolated communities to provide educational and sporting
opportunities.
The shirts were collected as part of a shirt
amnesty set up by Bond It in 2013 following its decision to become a sponsor of the
Huddersfield Giants. Under the initiative,
supporters of the Giants were able to donate
their old shirts and receive a £10 discount off
the price of a new season shirt courtesy of
the business.
Word of the amnesty quickly spread and
soon supporters of other teams from across
the UK also began donating their old and unwanted shirts in order to benefit fellow rugby
league fans in PNG.
In total, some 2000+ shirts were collected and these have now been distributed
along with a number of computers across
ten schools and a number of villages in the
PNG province of Simbu. Due to its rugged
and mountainous terrain, this province has
suffered more than most from slow economic
progress.
Commenting, David Moore, managing
director at Bond It, said: “Bond It became a
sponsor of the Huddersfield Giants in 2012 in
order to boost the profile of our brand and as
a show of support for the local community as
a business based on the outskirts of Huddersfield.
“Naturally, we wanted fans wearing the
new season shirts featuring our logo and
that of a number of Bond It products but this
begged the question as to what to do with
the old shirts? As a business with a socially
responsible approach we wanted to see them
being put to good use as opposed to simply
discarded. After learning of Stanley’s charity
through his connection to the Giants as former player, everything just fell into place.
“We’re delighted the shirt amnesty has been
so well supported and that the shirts have
now arrived with their intended beneficiaries.”
Stanley Gene adds: “On behalf of myself,
everyone at the Stanley Gene Foundation and
all those from the various schools and villages, I would like to thank Bond It for implementing the shirt amnesty and for contributing towards the shipping costs of getting
these items to PNG. I’d also like to extend
our gratitude to all those rugby league fans
who got behind the campaign. The resultant
donation has made a very real difference to
thousands of people and brought a smile to
thousands of faces.”