Complete Electrical Solutions
A specialist in electrical design and installation received investment to fund a management by-in.
Investment: Undisclosed
Transaction: MBI
Sector: Technology
Location: Stourbridge, WM
The Business
CES, based in Stourbridge, West Midlands, was founded in 2000 as a generalist B2B electrical contracting business. In the previous two decades the firm has established a strong reputation for regional electrical contracting via a small but experienced team of 12 staff.
Whilst the firm provides a broad array of electrical services, it specialises in the installation, service and maintenance of lifts, stair lifts, stair climbers and other mains powered disability devices.
The Deal
The debt investment provided by FDC funds a management buy-in led by incoming Directors Chris Smith and Dan Bytheway, to acquire a 94% shareholding from CES’s founder Tony Smith. FDC Investment Director Carl Perry worked on the deal through to completion.
