Thomas Sanderson Blinds /
Leading supplier of conservatory blinds and custom-made awnings. Founded by husband and wife, Bob and Norma Thomas.
ISIS acquired 56% of the business in 2001 as part of a £25m BIMBO and began working with buy-in team Laurie Cook and Trish Whiston. Sanderson was sold to its biggest supplier, Hunter Douglas, in 2003 after 25% year-on-year revenue growth.
"Margins grew from 12% to 17% over the investment, but the real secret behind this deal was replacing the extraordinarily successful founders with buy-in partners able to take the business to a new level." Mark Turner, ISIS.
Timeline
- 2001 ISIS acquires 56%
- 2002 Outperforms plan
- 2003 Hunter Douglas buys Sanderson
Leading supplier of conservatory blinds and custom-made awnings.