Monday, April 4, 2024

Retail Company Powered Up Thanks To Unlocked Expertise

Peter Neal
The owners of Power Tool World in their warehouse

An ecommerce retailer that makes buying the tools needed the easiest part of getting a DIY or professional job done, has powered up its own team, thanks to Experience Bank Group.

Peter Neal, founder of Experience Bank Group, has helped the owners of Power Tool World bolster their senior leadership team with not one, but two appointments.

Chris and Suzanne Guy, who set up the business 25 years ago, were initially looking for short term help while they took time out of the business to travel. However, when Andrew Pickersgill and David Quinn joined the team, all four of them found themselves focussed on a long-term goal and were excited about the scalability of the business.

Now in position as Managing Director, Andrew has known Peter through a number of associations, including being part of one of the EB Peer Group Cohorts that focusses on helping existing and aspiring NEDs, Trustees, Board Advisors and Consultants at Board Level. He brings with him a wealth of talent in the construction and building merchant industry. He is focused on both short term and long term wins to grow the company, including extending warehouse facilities, bringing in a new trade account B2B offering and expanding the 40 plus team further. He said:

“Power Tool World is already a huge success and has appeared in Ward Hadaway’s Fastest 50 no less than three times. Now is a really exciting time where not only can we expect an uplift in the growth projection, but we can really position ourselves nationally as the next day delivery experts that provide the best service, the advice and the best tools for a longer-term investment.”

David Quinn was also introduced to the company by Peter and has joined as Finance and Operations Director. A qualified accountant and treasurer, David has worked in a number of sectors including oil and gas, online gambling, retail and manufacturing. He specialises in growth and transition. He said:

“Before we started working together, Andrew and I had never met each other or anyone at Power Tool World. Peter really needs commending for his recommendations, as he recognised what would work for Chris and Suzanne, and has brought together a strong team who understand a shared goal.”

Power Tool World stocks the latest professional tools from Dewalt, Makita, Milwaukee and more specialising in saws, drills, angle grinders, nail guns, pressure washers, multi tools, polishers, and measurement tools. Peter said:

“When Chris and Suzanne approached me, I was excited to work with them as the needs were very specific and the people had to be able to flex to maximise the opportunity. David and Andrew are excellent appointments and I look forward to seeing what the future holds for Power Tool World.”