LDC invests in CMS Window Systems
LDC has taken a minority stake in Cumbernauld-based building envelope manufacturer CMS Window Systems.
The investment will be used to support the company's growth, capitalising on increased demand for energy-efficient products in the construction market.
Banking facilities for the deal were provided by Bank of Scotland.
Company
Trading as CMS Enviro Systems, the company was founded in 2006 and is headquartered in Cumbernauld. It employs 255 people across its manufacturing and recycling facilities in North Lanarkshire and Fife.
The business focuses on energy-efficient and environmentally friendly products, including PVCu, aluminium and timber composite windows, doors and curtain walling systems. Customers include housing investment programmes and commercial build projects in the UK, as well as local authorities and housing associations.
CMS has an in-house structural engineer and design team, while all extracted waste is processed at its own recycling facilities.
People
LDC – Colin Bennett (investment director); Mark Kerr (director, head of Scotland).
CMS Window Systems – Andy Kerr (CEO); Billy Allan (non-executive chair).
Advisers
Equity – EY (financial due diligence); Pinsent Masons (legal); PMSI Consulting (commercial due diligence).
Company – BCMS (corporate finance); Brodies (legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









