Investment type
- Management buyout
Sigmat is the UK’s first light-gauge steel framing (LGSF) company to offer the complete cycle of design, manufacture, assembly and construction, which ensures that the business is uniquely invested in the quality and delivery of its work.
Headquartered in Leeds, Sigmat offers design, engineering, manufacturing, assembly and installation services to a broad base of blue-chip customers across the residential, education and hospitality industries.
Expanding facilities
LDC backed the management buyout in September 2016 – when it was known as PAW Holdings – to support the company’s pursuit of organic growth.
Following LDC’s investment, Sigmat’s management team further invested in its manufacturing capabilities and service offering, enabling the business to continue to meet the demands of its key clients.
It opened a state of the art 100,000 sq ft production facility, along with a new 25,000 sq ft Contract Support Centre, designed to support its on-site operations around the country. These proved to be major steps forward in terms of its capacity to serve customers.
The business also opened new offices in Teesside and Elland to create more than 100 new job opportunities.
With LDC’s support we’ve invested in operations to develop innovative, cutting-edge products, we’ve bolstered our UK presence and created jobs, and we’ve grown our business with our clients and the environment at the heart of our business strategy.”
Building a better future
During its partnership with LDC, the company shifted its approach to support its goal of becoming carbon neutral by 2035. To help Sigmat achieve this objective, no waste is sent to landfill and the three per cent of waste that cannot be recycled is turned into electricity and fed back into the grid. Its structures are also built using 42 per cent recycled materials and with a 30 per cent faster build speed, light-gauge steel framing technology is a more sustainable method of construction.
In August 2021, LDC exited its investment in Sigmat to Etex, the international building products group. We helped the business to increase revenues by approximately 75 per cent and to grow its headcount to 235 people. Sigmat is now pursuing further growth across the UK.
Awards
Best Use of Steel Technology
Offsite Awards 2019
Ward Hadaway Fastest 50 List
2018 & 2019
Manufacturer of the Year (under £25m)
Made in Yorkshire Awards 2018