Go to deals
Business Support Services | Construction & Engineering Services

CCS Group has been acquired by an Employee Ownership Trust

July 2021 — The board of specialist rail industry services provider CCS Group Limited has completed the transfer of ownership to an Employee Ownership Trust.

CCS Group is a leading multi-disciplinary managed support services provider to the rail industry. Its customers require safety-critical services to ensure the rail network continues to operate safely and reliably. It offers a comprehensive range of services including track maintenance and renewals, facilities management, critical resource training, construction and civil engineering and welding to London Underground Limited, Transport for London, Docklands Light Railway and Network Rail, all of whom CCS Group is a Tier 1 contractor to. The CCS Group was formed in 1992 and includes Cleshar Contract Services Limited, Infrastructure Training Services Limited and GPX Engineering Ltd.

Since being founded in 1992, CCS Group has had a strong emphasis on employee culture. The shareholders have transferred 100% of the business to an EOT, securing the long-term future of the group and enabling their staff to benefit from the future growth. CCS Group will now be under the leadership of the new management team, with Andy Redican and Michelle Lamb joining Michael Hesnan on the Board of Directors.

Our role in the transaction

Oaklins Evelyn Partners, based in the UK, worked with the existing shareholders and the new management team to deliver a successful transfer to employee ownership.

Parties
“This structure enables the business to continue as usual, focusing on growth and our employees. We decided to work with the Oaklins Evelyn Partners team because of their proven experience with EOT transactions and advising owner-managed businesses. The support the team provided throughout this transaction was crucial in ensuring a successful outcome was achieved.”

Simon Miesegaes

Shareholder, CCS Group Limited

Talk to the deal team

Stuart Goodman

Partner
London, United Kingdom
Oaklins S&W

Related deals

Comtax has been acquired by Ryan
Private Equity | Business Support Services | TMT

Comtax has been acquired by Ryan

Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.

Learn more
Multi-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Construction & Engineering Services

Multi-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group

Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.

Learn more
ICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
Construction & Engineering Services

ICOP has transferred its listing from Euronext Growth Milan to Euronext Milan

ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.

Learn more