Portfolio: Complete Electrical Solutions
A specialist in electrical design and installation
Investment :
£900,000
£900,000
Sector :
Technology
Technology
Location :
Stourbridge
Stourbridge
Transaction :
MBI
MBI
Business Biography:
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.
Investment:
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.