Rockpool Investments

The finnCap Group Debt Advisory Team is pleased to announce that it has advised Rockpool Investments on securing senior loan facilities from Clydesdale Bank. The funds will support the management buyout of Cambridge Maintenance Services (“CMS”), a leading provider of mechanical and electrical engineering services in the UK.

The management buyout was led by Ian Wheeler (Managing Director) and Chris Kindon (Operations Director), following a period of sustained growth for the company. Michael Ruddock and Mark Beadle joined the board at completion of the deal as Finance Director and Non-Executive Chairman respectively.

Tom Coey, who led the deal for Rockpool, said:

“This deal represents a fantastic opportunity for our investors to support an established and well managed business with an excellent reputation in the facilities management sector. We are delighted with the debt financing package arranged by finnCap, which was a critical element to the completion of the transaction. We were extremely pleased with how the process was managed by the finnCap Debt Advisory Team, which provided us with optionality to select the most appropriate banking partner for CMS.”

Alistair Hay, Partner & Head of finnCap Debt Advisory, commented: :

“We are grateful for the opportunity to once again work with the ever impressive Rockpool team and know that they have found the right financing partner in Clydesdale for CMS. Likewise CMS has found an ideal and supportive long-term investor in Rockpool and we look forward to watching the business continue to grow in its sector and become the maintenance service provider of choice.”