Jurisdictions involved in this assignment
UK
The business and background
Established in 2012, London-based CPMS developed into a multi-discipline infrastructure and consulting business, offering professional services in enterprise asset management, project management, engineering and construction in the rail, aviation and highways industries.
At the time of sale, the company had a turnover of more than £8 million and over 70 employees. In the eight years prior, the business supported over £1 billion of investment in the UK rail sector.
What we did
Our team, led by Mark Lucas, were instructed to provide lead financial advice to the management team and shareholders of CPMS on the sale of their shares to the French engineering group, Egis. The investment also enabled YFM Equity Partners (YFM) to exit the business.
Egis has been involved in several projects in the UK and Ireland in recent years, including the Dublin Luas tram, the modernization of the London Underground tube lines, the extension of the Midland Metro network, the upgrade of both the Irish and British rail networks’ signaling systems and acting as a consultant to HS2. The engineering group has also worked on the design of the Cambridgeshire Autonomous Metro and the West Yorkshire Area Transport Plan.
The outcome
We were delighted to have been able to assist YFM in securing a successful exit and the team at CPMS in joining Egis. The acquisition brought together two complementary businesses and helped to give CPMS a strategic edge to strengthen its existing portfolio in the UK.
