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27 MARCH 2019 AL CIRCLE

CMS Window Systems secures private equity investment from Maven Capital Partners

EDITED BY : HEENA IQBAL 2MINS READ

CMS Window Systems, a designer, installer and manufacturer of PVCu, aluminium windows, doors and curtain walling systems, has secured private equity investment from Maven Capital Partners, a private equity firm.

The funding will be used to expand CMS’ product range and production capacity to serve a growing commercial, public sector and housing client base across Scotland, and increasingly UK-wide.

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“CMS Window Systems has taken another significant step on its growth path by securing private equity investment from Maven Capital Partners, who have acquired a majority share of the business,” CMS Window Systems said.

David Ritchie, CEO of CMS Window Systems said: “Partnering with Maven Capital Partners marks the beginning of an exciting new era for CMS and its employees and will enable us to create further new jobs as we grow. With our established management team continuing to lead the business, it is very much ‘business as usual’ so customers, supply chain partners and other stakeholders will experience no changes in working with us.

“We will be announcing more detail about our immediate plans soon, which will support our strategy to develop our share of the market for windows and doors in the new build housing, commercial, social housing and trade sectors.”

 “Maven is delighted to have invested in CMS. As a Scottish business ourselves we have followed with interest the success CMS has achieved over the years and are excited to be working with David and the senior management team in helping support the continued growth of the business,” Andrew Craig, Partner at Maven said. 


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EDITED BY : HEENA IQBAL 2MINS READ

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