A Quercus International team, led by Michael Mortimor, has provided sector-led buy-side support to NVM on their investment to support the management buyout of MRO+ Solutions Group.

MRO Solutions is a highly technical, value-added distributor of critical products to a range of process and manufacturing industries.  The Group operates nationally through its wholly owned subsidiaries, MJ Wilson and Helix Tools.  MJ Wilson is a specialist value added distributor of process instrumentation and control products servicing the energy, power generation and process industries. Helix provides technical support to a range of precision manufacturing clients supporting their tooling requirements.

Mike Mortimor, Partner, commented: “We are delighted to have leveraged our sector knowledge to support NVM on this transaction. MRO Solutions has a deserved reputation for engineering-led, technical advice that has created an embedded position with customers. Operating in a fragmented market, the combination of a proven senior leadership team and NVM creates an exciting platform for future growth. Following the sale of Wixroyd to Essentra, the transaction once again demonstrates Quercus’ capabilities in the B2B distribution sector”.

Charlie Pidgeon, Investment Partner of NVM said, commented: “Mike and the team provided invaluable insight and support which helped form our view on the business and the market opportunity. Quercus have significant domain knowledge on the end markets and the advice provided has been extremely helpful in formulating our value creation plan”.