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.

Services

Vente d'entreprise

Parties prenantes

«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

Contacter l'équipe de la transaction

David M. Felts

Directeur général

Atlanta, États-Unis
Oaklins TM Capital

Voir le profil Entrer en contact

Bradford A. Adams

Directeur général

Boston, États-Unis
Oaklins TM Capital

Voir le profil Entrer en contact

John Dean

Directeur associé

Atlanta, États-Unis
Oaklins TM Capital

Voir le profil Entrer en contact

Transactions connexes

Bolster Investment Partners has acquired a majority stake in Eternal Sun

Placements Privés | Énergie

Bolster Investment Partners has acquired a majority stake in Eternal Sun

Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.

En apprendre plus

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

Placements Privés | Construction et Ingénierie | Énergie | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

En apprendre plus

Largest AIM IPO in the business support services sector over the past five years has been completed

Services de Soutien aux Entreprises

Largest AIM IPO in the business support services sector over the past five years has been completed

MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.

En apprendre plus