Announced
Completed
Synopsis
Rockpool, a private equity investment firm, completed the acquisition of Cambridge Maintenance Services, a provider of mechanical and electrical engineering services in the UK. Financial terms were not disclosed. “This transaction marks an exciting next step for CMS to continue our development in the sector and to strive to be the maintenance service provider of choice. The buyout will provide enhanced opportunities for members of our fantastic team to develop with the business and provide more services “in house”. Most importantly, we strongly believe that it will provide our clients with confidence that with the current management team remaining in position, it will be very much business as usual. We are delighted to have found a supportive long-term partner in Rockpool Investments and we look forward to working with them to deliver our business plan," Ian Wheeler, Cambridge Maintenance Services Managing Director.
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