“Having established the business over thirty years ago, I am pleased to have led an MBO of the business with a new backer who will provide the platform for future growth. We have a number of exciting opportunities in the pipeline, and with Rcapital’s financial and operational support I am confident that the business will reach its full potential”
Colin Smith, CEO
Rcapital has supported the MBO of CHS Engineering Services Limited from its former private equity investor.
CHS Engineering Services is a specialist engineering consultancy focussing principally on servicing clients in the aviation sector. It provides a range of services including baggage handling testing and the design, procurement and implementation of automated handling systems. Its clients include airport owners, operators and their respective supply chains and it services clients globally from offices in the UK and Singapore.
Rcapital has worked closely with the management team to agree and support a growth strategy, focussing on developing further its well invested Foundations Connect remote monitoring platform as well as taking advantage of wider market opportunities created by the requirement by airport operators to meet new regulations set by the European Civil Aviation directives.