MKM is an independent builders' merchant providing building, plumbing and timber supplies for the trade and DIY projects. At the time of exit in 2017, MKM was the largest independent builders’ merchant in the UK, with 47 branches nationwide and a reputation for service excellence.
3i invested in MKM in 2006 to support founder David Kilburn with the firm's ambitious growth plans, and sold the business in June 2017 generating a 5.9x money multiple.
"MKM has enjoyed exceptional growth and I would like to thank 3i for their long-term backing and support." David Kilburn, Founder and Executive Chairman, MKM
This transaction involved a recommendation of 3i Investments plc.