Independent Plant Hire Group

Independent Plant Hire Group is a platform company executing a buy & build strategy in the plant hire sector with a focus on quality, regional hirers of contractors plant.

We have currently completed 3 acquisitions.  SRBE also has a local builders’ merchants serving Milton Keynes contractors.

First Steps

Merino and our co-investor & incoming Managing Director acquired SRBE, based in Milton Keynes, in 2015 from a larger construction business looking to divest a non-core asset.

Building Momentum

IPHG acquired Morgans, a small local competitor, in late 2016 and acquired Jovic off of the retiring family in late 2017.  This doubled the size of the business & expanded our geography from Milton Keynes & North of London towards Essex & the East.

Plant & Machinery

The business currently has thousands of pieces of kit and approaching 400 excavators & a comparable number of dumpers.  The core product is 3T to 8T excavator but the business can supply all customer needs.

The business journey

April, 2016
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Acquisition of SRBE and new management introduced to the business.

October, 2016
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Acquisition of Morgans, a competitor local to SRBE.  IPHG upgraded the plant & worked hard to introduce the Morgans customer base in to the SRBE network.

November, 2017
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IPHG completes the acquisition of Jovic & expands its presence into the East of the UK.  The MD of Jovic joins IPHG as the lead of operations & all staff are retained as part of the acquisition.

June, 2018
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IPHG continues to look for acquisitions and bolt ons in the sector, with a loose focus on within 100km of the M25 ring road.  Please get in touch at if you are looking to sell your plant hire business or represent a prospective vendor.

July, 2021
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Extension to existing geography with the business based near Heathrow, London.  Thames Valley Hire has been established since 1987 with a focus on smaller excavators, dumpers, and tools. 

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