Alantra advised SMBO of CET UK wins Deal of the Year
Date 24 May 2019
Type Press Releases
The secondary buy-out of CET UK backed by Palatine Private Equity, in which Alantra advised Palatine, has been awarded ‘Deal of the Year’ at the Insider East Midlands Dealmakers Awards held in Nottingham on Thursday 23 May 2019.
Established in 1989 and based in Castle Donington, CET is a specialist provider of infrastructure and property assurance services employing over 510 staff. The Alantra team were appointed due to a combination of their significant experience working in the business services sector and their strong detailed approach to M&A on complex transactions. Palatine’s investment will broaden CET’s service capability and geographical reach through a buy-and-build strategy.
Commenting on the award win, Simon Peacock, Partner at Alantra who led the deal commented: “We are really pleased to have been involved in this deal which thoroughly deserves the recognition that it has received from these awards. Alantra prides itself on the quality of businesses that it works with ensuring that it is able to use its deep sector knowledge on transactions. We continue to be busy across the region with several deals due to complete over the next couple of months and a strong pipeline through the rest of the year.”