Specialist facilities and commercial building maintenance firm, CMS Holdings UK, the parent company of Commercial Maintenance Services UK, has received significant investment from Newable Capital.
CMS, founded in 2000 in the North East of England by brothers and experienced engineers Nic and Neil Smith, now directly employs over 190 staff nationwide, with growth driven by sustained year-on-year investment from the founders.
The business operates 24/7, 365 days a year, specialising in the installation, maintenance, and repair of business-critical systems including catering equipment, heating, plumbing, electricals, air conditioning and renewables.
With a series of engineering hubs located throughout the UK, CMS aim to ensure a reactive, cost-effective, and efficient response to its clients across their core sectors of healthcare, leisure and hospitality, retail, education, and defence.
The long-term investment from Newable Capital should enable CMS to strengthen its position in the UK market, invest further in human and physical capital to support the growing demand, and continue to respond to its clients’ needs.
The planned investment in technology and training should improve the company’s efficiency and enable the business to further develop its service offering across areas such as renewables where there is increasing demand from clients.
Throughout the past year, CMS has continued to increase its national coverage and service offering. CMS expanded its operations in Scotland, and has recently established an engineering hub in Paisley, further supporting the firm’s expanding client base in this region, which includes Travelodge, Fife Council and Four Seasons Health Care.
Nic Smith, MD at Commercial Maintenance Services UK, commented: “Over the past 22 years, CMS has proved itself to be agile and resilient, responding to changing demands and developing new opportunities, and we are delighted to welcome the investment from Newable that will support the continued growth of the business.
“It’s been a pleasure working with Peter and the Newable team and we are extremely excited about our plans for the future which will see innovative solutions for our customers, investment into our workforce and the creation of jobs throughout the UK.”
While Peter Barrand, MD at Newable Capital added: “We have been hugely impressed by the business that Nic and Neil have built and the continued growth they have experienced over the last 20 years. Our aim is to leverage the resources of Newable to support CMS’ journey as we cement their leading position in the market. We look forward to working with the whole team at CMS in a very exciting time for the business.
“For Newable Capital, this represents another strategic investment in successful businesses working at the heart of the UK economy.”