Cennox has received a strategic growth investment from York Capital Management

BGF Investment Management Ltd. has sold Cennox to York Capital Management.

Cennox provides integrated facility services and solutions to cash automation machines, self-checkout kiosks and branch locations principally in the financial services, commercial, retail and transportation industries. Headquartered in Camberley, UK, and Atlanta, Georgia, the company’s global footprint includes 1,500 employees across the USA, UK and continental Europe. Since its founding, Cennox has completed 15 acquisitions and is the provider of choice for many of the world’s largest financial institutions.

York Capital Management is a New York-based investment firm which primarily targets control investments in middle-market companies.

BGF Investment Management is a private equity and venture capital firm specializing in early stage, acquisitions, middle market, emerging growth, growth capital, and small and medium-sized companies.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to Cennox in connection with a strategic growth investment from York Capital Management.

Service

M&A sell-side

Parties

“We met the team when we reviewed a prior client of theirs in the sector and were impressed with their experience and industry knowledge. When it came time for Cennox to explore a transaction to help fuel our continuing growth, they were the natural choice to be our advisor. While our business spans the UK, Europe and the USA, the fastest growing segment is in the USA. The team was able to leverage their deep industry knowledge, familiarity with cross-border transactions and long-standing relationships across the private equity community to assist us in crafting Cennox’s growth story in a way which attracted interest from multiple industry-knowledgeable potential partners. From the outset of our process, York Capital distinguished itself as the perfect match to partner with our executive team and help drive our strategic vision. We greatly appreciated the team’s guidance and attention from beginning to end.”

Clive Nation

Founder and CEO, Cennox

Talk to the deal team

David M. Felts

Managing Director

Atlanta, United States
Oaklins TM Capital

View profile Get in touch

Bradford A. Adams

Managing Director

Boston, United States
Oaklins TM Capital

View profile Get in touch

John Dean

Associate Director

Atlanta, United States
Oaklins TM Capital

View profile Get in touch

Related deals

Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider

Private Equity | Energy

Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider

Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.

Learn more

Soler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings

Private Equity | Other Industries

Soler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings

Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.

Learn more

Infotreasury has been sold to Matera

Private Equity | Financial Services | TMT

Infotreasury has been sold to Matera

Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.

Learn more