"We are pleased to be partnering with MML and Tom, Christian and Rachel as we move into the next phase of our growth. Their trust and commitment mean a great deal to us and we look forward to working closely to deliver on our ambitious growth plans"

Jon Sherry, Managing Director, RSBP

RSBP

Shareholder reorganisation, backing an acquisitive growth plan

The Business

RSBP is a B2B commercial washroom manufacturer that specialises in manufacturing and distributing washrooms, vanity units, pre-plumbed panelling and loose sanitaryware. It employs over 350 staff and is headquartered in Stoke-on-Trent, with manufacturing facilities and sales offices across the UK and the Middle East.

The Deal

MML partnered with RSBP as a minority investor to exit a retired shareholder and support the team to deliver an ambitious growth plan.

Fund
Enterprise
Region
Europe
Deal Status
Current
Sector
Industrials

Catch up with Founder MD, Jon Sherry, shortly after investment

How would you describe what RS does?

The business comprises eight brands which manufacture and distribute washrooms, vanity units, pre-plumbed panelling and loose sanitaryware. We are an international platform of scale, with a track record of sustained growth and a strong market position in a large and fragmented market.

What was RSBP's story before MML invested?

I founded RSBP in 2006 through the simultaneous acquisitions of Amwell Systems and Twyford Bushboard, and then Venesta in 2007. Since then, through a combination of organic and acquisitive growth, revenues have grown to c.£60m and we now employ over 350 staff across the UK and the Middle East.

What made you chose MML as a partner?

We chose MML as an investor because we liked their partnership approach and they really understood RSBP, our market and growth opportunities, as well as our values as a business and a team.

Associated deal team

Tom Biddle

Partner
Europe

Christian Brown

Investment Director
Europe

Rachel Malden

Investment Associate
Europe

MML investor portal logins

For investors in MML Fund VI, MML Ireland I & MML Ireland II

For investors in MML Fund VII