The company has more than 250 staff across eight UK sites, but has suffered a number of “difficult years” according to a statement from Rcapital.
McArthur CEO Sam McArthur said, “This deal has enabled us to create a solid platform for the future of our business.
“We have successfully resolved the underperformance of our Irish and manufacturing businesses to help us establish a secure and sustainable future for the group.
“The new investment brought to the business by Rcapital, together with their experience in delivering business growth and transformation will enable us to drive McArthur forward in a rapidly changing market.”
Rcapital CEO Jamie Constable added, “We are pleased to have the opportunity to invest in McArthur Group.
“We believe that McArthur’s long established brand and nationwide distribution network will help to move the business back into profitable growth.”
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