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The Camlee Group are delighted to announce the sale of Wiltshire based Drain Services Ltd
Drain Services Ltd was acquired by Unbloc Drainage Engineers Ltd on 31st July 2014 for an undisclosed sum, led in negotiations by Sale based corporate finance boutique, The Camlee Group. This marks Camlee’s third deal in the space of only 5 weeks.
Founded in 1979 and still under the same ownership, Unbloc combines professional expertise with family-owned ethics, and offers a comprehensive range of services to some of the most prestigious sites across London and the Home Counties.
Paul Thompson, Project Director at The Camlee Group, who led the negotiations on behalf of clients John and Sandra Kelly commented “We approached Unbloc as part of our unique targeted research process, having already identified them as an ideal fit with our clients. Our deep understanding from the onset of negotiations that both companies had, at the forefront of their service offering, a very personalised approach and the utmost commitment to maintaining their long standing customer relationships, was integral to the successful outcome of the deal. We are delighted for our clients and have every faith that Unbloc will build upon the Kelly’s strong foundations to drive the future success of the business.”
Sandra Kelly at Drain Services is pleased with the deal which will allow her and husband John an exit to retirement from the business they had built themselves from scratch. “At the core of our operations we have an ethos of family-run principles, combined with industry leading expertise to offer the best possible service to our customers. It was important to us that we found a buyer who shared the same philosophy and we are delighted with the outcome, which will also secure a future for our 22 strong team of loyal employees.”