Cadman Capital Group, a Private Equity firm specialising in alternative investments, announced the acquisition of Barby Sporting Limited. Barby Sporting is an established clay shooting ground in Rugby, Warwickshire, which was founded in 1975.
The Barby Sporting deal comes as the Cadman Capital Group seeks to deliver further growth by adding portfolio companies through its acquisition strategy; increasing market share within leisure, specifically within the sports shooting and country wear segment.
Barby Sporting is the 54th company under the Cadman Capital Group umbrella and complements the earlier acquisition of Coates & Morgan, inclusive of its two distinctive brands – Northampton Gun Co. and Gun Shop Rugby.
“The addition of Barby Sporting to the Cadman Capital Group strengthens our established portfolio as we continue to create value and gain market share within sports shooting. As a consistent and profitable business, Barby Sporting is a complementary bolt-on to our portfolio and presents considerable opportunity for future growth. An attractive proposition, adding value for all stakeholders.” said Stephen Bayliss, Investment Director at Cadman Capital.
“The team and I here at Barby Sporting are excited at the future prospect of working together with the Cadman Capital Group. Our established success within the hospitality and shooting industries can only be enhanced with this partnership. Investment co aligned with development is something we are all looking forward to” said Craig Sipos, General Manager of Barby Sporting.