Shawbrook backs Parklands Capital with £10m+ facility to support acquisition of Adcam Fabrications as well as their future buy and build strategy
Strategic acquisition strengthens Parklands Capital’s platform and accelerates growth plans in the UK engineering sector.
At a glance
Parklands Capital has acquired Adcam Fabrications Ltd, a leading metal fabricator with over 40 years’ experience serving global Defence Ministries, rail networks, renewable energy, nuclear and retail sectors. Shawbrook’s Corporate Leverage team structured a bespoke committed acquisition facility to support this transaction and provide certainty for future acquisitions.
Founded in 2024 by Tony Rudden and Charlie Sharman, Parklands Capital is a UK-based precision engineering manufacturing group executing a disciplined buy, build and hold strategy across the fragmented metal fabrication and laser cutting markets.
Adcam operates from a substantial facility in Lichfield, which houses its laser cutting, forming, specialist welding and in-house paint operations, as well as a structural welding site. The business has a long-established reputation for manufacturing to exacting tolerances, building both prototypes and production runs to clients' specifications.
Charlie Sharman, Co-founder & CIO of Parklands Capital, said:
"Adcam is an exceptional business with a 40-year track record of delivering reliable, high-quality products to demanding sectors. With Parklands' support infrastructure, Adcam will be able to expand its capabilities, invest in technology, and continue offering market-leading service while benefiting from the scale of our growing group."
Shawbrook played a pivotal role in this transaction. Their expertise in funding buy and build strategies, coupled with the flexibility to create a bespoke package that met our precise requirements under tight deadlines, made them the ideal partner for Parklands. The team's proactive approach and deep understanding of the engineering sector helped us secure Adcam and lay strong foundations for our ongoing growth ambitions.
Adcam co-owner, Tony Taylor, commented:
"Adcam has built its reputation on precision, quality and the ability to evolve with our customers' needs. Joining the Parklands Capital group and working with Shawbrook will allow us to strengthen our capabilities further, invest in our people and facilities, as well as offering our customers an even broader range of high-quality manufacturing solutions. I look forward to working with Tony and Charlie and the Shawbrook team too as we continue developing the business."
John Palmer, Senior Director at Shawbrook, commented:
“We’re delighted to support Parklands Capital in the next phase of their growth journey. This transaction brings together ambitious teams with a clear vision for sustainable growth and long-term value in the UK engineering sector. By facilitating this acquisition, Parklands is well positioned to build on Adcam’s strengths, create new opportunities, and further enhance the high standards and innovative solutions their customers have come to expect.”
Shoosmiths (Rebecca Mauleverer and Anna Richardson) supported with legal due diligence & GT Ireland provided financial due diligence for Shawbrook.
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