Business advisory firm Quantuma has provided lead financial advice to the management team and shareholders of Collaborative Project Management Services (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.
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. CPMS now has a turnover in excess of £8m and over 70 employees. In the last eight years, the business has supported over £1bn of investment in the UK rail sector.
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, consultancy to HS2. More recently, the engineering group has worked on the design of the Cambridgeshire Autonomous Metro and the West Yorkshire Area Transport Plan.
A Quantuma team, led by partner Mark Lucas and director Fardeen Nariman, advised on the deal.
Mark Lucas, managing director at Quantuma, said: “We are delighted to have been able to assist YFM on securing a successful exit and Mat 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.”
Mat Baine, managing director at CPMS, added: “Mark and Fardeen have delivered a great result for YFM and the business. They ran a smooth process with no surprises. Both Egis and CPMS have similar cultures, with each of us striving to provide high quality service offerings to our clients, as well as offer growth and career development opportunities to our employees.”
Notes to Editors Quantuma is a leading business advisory firm which works with businesses at the key milestones, delivering bespoke solutions to help clients take advantage of opportunities and overcome a range of operational and financial challenges, enabling them to achieve their business objectives and ambitions. The business has 21 offices, including 17 in the UK, two international offices in Cyprus (Nicosia and Paphos), one in Mauritius and one in The Cayman Islands.