Following over 30 years of successful trading the owners of Complete Detection Systems Limited (CDS) sold a majority share of the business to Simon Cashmore (now Chairman) and Simon Abley (now Managing Director) in July 2020. Martin Iliffe and Tony Mikunda, previously the businesses majority shareholders, continue to work within the business and maintain a significant shareholding.
Prior to acquiring CDS Simon Cashmore and Simon Abley were the Chairman and Managing Director of property and landscape services business, TCL Group, a business which grew sales from £5m to over £70m prior to being sold to the European market leader in this sector during 2019. During this period eleven acquisitions were performed, ranging in size from businesses with sales between £1m and £10m and with enterprise values ranging from £200,000 to over £7m. Many of the deals were sourced from entrepreneurs seeking a new home for their company, businesses that were often led by founders who had a wished to sell their business to an organisation that would protect their team, respect the history of their business and maintain the businesses culture.
CDS is a privately held limited company with significant resources available to support the growth of the business. We have a strategy to create shareholder value through organic growth and by targeted acquisitions. We target acquisition of businesses that will increase our geographic footprint, broaden our service portfolio or provide access to a more diverse customer base.
Our acquisitions benefit from a decentralised group structure and independent management teams. We look to support acquired businesses through continued investment in the team, with management support and by introduction of improved business processes and technology.
We are actively looking for UK based, successful and established businesses within the fire and security, electrical and water compliance sectors.
To confidentially discuss your business with a member of our team please contact us on 0116 275 0177.