Grant Thornton advises Cambridge Maintenance Service Cambridge Maintenance Service completed their MBO, backed by Rockpool Investment

December 2020
Cambridge Maintenance Service
Rockpool Investments
Adviser to Cambridge Maintenance Service on their MBO backed by Rockpool Investments
£undisclosed
Grant Thornton team
  • Usman Malik
    Usman Malik
    Head of Business services, Corporate Finance Advisory
Facilities management
Sell side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised the shareholders of Cambridge Maintenance Service (CMS) on an MBO backed by Rockpool Investments.

CMS is national provider of technical engineering services, offering mechanical and electrical planned preventative maintenance as well as round-the-clock reactive services. 

Our corporate finance team supported the shareholders in negotiating the transaction structure, preparing the business plan, financial modelling, and were involved in drafting the legal documentation to completion. 

Our sector experience and on-hand commitment resulted in protecting shareholder value as the company traded through a turbulent economic backdrop. The team meticulously managed conversations and negotiations with Rockpool and third-party debt providers. 

Our experience in private equity transactions allowed us to work effectively with a range of stakeholders, ensuring that the shareholders and management team involved were informed and obtained the best outcome. 

Navigating through an increasingly complex process and maintaining momentum during lockdown offered its own unique challenges and we are pleased to have found a long-term partner for the company all within the agreed timescales. 

Testimonial

Having worked with Grant Thornton’s corporate finance practice previously I was confident in the team’s experience and expertise, culminating in a highly satisfactory conclusion to this complex transaction. The team showed exceptional commitment throughout, despite a challenging socio-economic backdrop, to achieve a positive outcome for us and the management team. I look forward to working with the Grant Thornton team again in the future.

Simon Moate Non-Executive Director, Cambridge Maintenance Service

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