Manufacturer bought out of administration following accelerated mergers and acquisitions (AMA) process

Leicestershire-based manufacturer of bespoke timber windows and doors, Benlowe Group Limited, has been bought out of administration by DorWins Joinery Ltd, preserving the business and the jobs of 56 employees.

Benlowe Group, which has supplied UK-based housing developers, main contractors, conservation specialists and architects as well as residential customers for almost 60 years, appointed Thomas Harris and Martin Buttriss from BTG as Joint Administrators on 30 April 2026, following an extensive sale process.

The sale of the business and its assets to DorWins Joinery Ltd was completed on 30 April 2026, with 56 employees transferred over to the new owners. DorWins Joinery Ltd is a portfolio company of RightGuard Capital Plc, which specialises in investments in the property renovation and development sector.

BTG was supported in the legal transaction process by HCR (Hayley Phelps and Thomas Riley), with BTG Eddisons providing valuation support. 

Vijay Merchant of BTG ran an accelerated mergers and acquisitions (AMA) process to seek investment into the business which culminated in a rescue of the business through a pre-packaged administration process. 

Vijay Merchant, Partner at BTG, said:

“Benlowe is not only a historic and long-established brand in the fenestration industry, but a key part of the supply chain with an offering that many of its clients in the housebuilding industry would have found hard to replace domestically. 

“The company has been manufacturing timber windows for several decades however, cash flow issues were putting the business and the jobs of its employees at risk. It was important to review all options to navigate a clear path to survive and thrive again and we are pleased that we have found a buyer for the business to take it forward.”

Thomas Harris, Director at BTG, said:

“Although the Company had expected a positive start to the year, poor weather at the beginning of 2026 affected trading conditions with customer orders being delayed or deferred. The directors acted quickly to seek the best option and immediately following appointment, the business assets were sold by way of pre-packaged Administration. 

“Taking this action to sell the business through a pre-packaged administration protected value and achieved the best outcome possible. This includes allowing the business to continue under new ownership and preserving 56 jobs.”

Jamie Ryan, CEO and Founder of RightGuard Capital Plc, said: 

“Completing the acquisition of this historic brand adds another avenue to our group’s growing offering. We were very keen to secure the future of Benlowe and its talented employees, but to do that we needed to move quickly. With the help of BTG we were able to make sure that the company will continue to deliver high-quality bespoke timber windows to the market. This is a positive for the industry.

“Now that this deal is complete, we can start integrating Benlowe’s offering into our wider group and ensure that it is in a strong position for now and the future.”