Palatine-backed CET UK acquired Esseltest.

Palatine-backed CET UK, a specialist in outsourced services across the UK, acquired Esseltest, a construction materials testing specialist based in the Midlands. Financial terms were not disclosed. Richard Thomas, Head of Midlands at Palatine Private Equity said: “It has been a busy 10 months since we invested in CET and the business continues to grow rapidly, both organically and through acquisition. We are pleased to support the management team with their second bolt-on since our investment which demonstrates CET’s commitment to continuing to add additional expertise, scale and geographic reach to their growing business. We look forward to continuing to support the team with future acquisitions.”