The Wilkes Corporate Team, led by Gareth O’Hara, have advised facilities management company SR Group on the Acquisition of CPL FM Ltd. CPL joins CDC Facilities Management Ltd (CDCfm) as part of the SR Group of companies.
The transaction was supported by £1m in funding from ThinCats, enabling the Midlands based SR Group to acquire Birmingham-based CPL, a leading facilities management company offering a range of integrated facilities management services.
Founded 15 years ago, CDCfm has unique experience installing and maintaining cleanrooms and close control environments within a wide range of market sectors and has a large presence in the facilities management market covering a range of sectors including retail.
Commenting on the deal Gareth said: “It’s always great to be able to advise strong local businesses and play a part in their growth aspirations. It was a pleasure working with the teams at CDCfm, Ryecroft Glenton and Thincats to get the deal done. It’s encouraging to see the SME market as buoyant as it is at present. Myself and the rest of the team at Wilkes are delighted to get another deal over the line.”
When asked about the support provided by Wilkes Carl Isakovic, Managing Director of SR Group commented – “We can’t speak highly enough of Gareth O’Hara, and Helen Smart of The Wilkes Partnership, they helped us through the acquisition/merger process with great professionalism and helped steer us through the many challenges that the year 2020 has given us all.”
This is the latest in a growing line of M&A work for The Wilkes Partnership, following the completion of deals across a range of sectors including IT software, FMCG, events and health and social care.