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.
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.
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.