Disposal to an overseas acquirer

The client

Established in 2012, London-based CPMS has 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. 

The company now has a turnover in excess of £8 million and over 70 employees. In the last eight years, the business has supported over £1 billion of investment in the UK rail sector.

What we did

Our team, led by Mark Lucas and Fardeen Nariman, were instructed to provide lead financial advice to the management team and shareholders of CPMS on the sale of their shares to French engineering group Egis. The investment has 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 modernisation of the London Underground (tubelines), the extension of Midland Metro network, the upgrade of both the Irish and British rail networks’ signalling systems and acting as a consultant to HS2. More recently, the engineering group has worked on the design of the Cambridgeshire Autonomous Metro and the West Yorkshire Area Transport Plan.

The outcome

We are delighted to have been able to assist YFM on securing a successful exit and the team at CPMS in joining Egis. This acquisition brings together two complementary businesses and will give CPMS a strategic edge to strengthen their existing portfolio in the UK.