Nene Capital

Nene Capital Acquires Cold Tech (Services) Ltd., Strengthening Strategic Portfolio Corby, 25th October 2024 – Nene Capital, a long term investor in small and medium-sized enterprises (SMEs),  is proud to announce the acquisition of Cold Tech (Services) Ltd., a leader in refrigerated coldroom and cabinet maintenance. This acquisition enhances Nene Capital's portfolio with a company renowned for its expertise and high-quality, bespoke solutions in food, retail, pharmaceutical, and logistics sectors. Cold Tech (Services) Ltd. excels in maintenance, installation, and servicing of refrigeration, HVAC, and cold storage systems. Known for reliability and energy-efficient solutions, Cold Tech aligns perfectly with Nene Capital’s values of quality and growth. Cold Tech (Services) Ltd. will continue under its established brand, ensuring uninterrupted service and trusted relationships. Nene Capital will support Cold Tech by investing in resources to expand its capabilities while maintaining quality and customer satisfaction. Stephen Bayliss, Managing Director of Nene Capital, said, "We are thrilled to welcome Cold Tech (Services) Ltd. to our growing portfolio. This acquisition represents a significant step in our mission to invest in businesses that offer sustainable value and operational excellence." Simon Stringer, Finance Director of Nene Capital commented: “Cold Tech is a well-established business with over ten years of successful trading during which it has achieved a strong position in its market. We are excited to take the business into the next stage of its development.” The transaction was supported by the corporate deal team at solicitors Howes Percival LLP and the Growth Finance team at Allica Bank For media inquiries or further information, please contact: [email protected]   www.nenecapital.co.uk About Nene Capital: Nene Capital is an opportunity focused investor in UK SMEs. As active managers, Nene Capital builds leading, mid-market companies through acquisition and robust organic growth. About Cold Tech Services Ltd: Coldtech Services Ltd started trading in 2012, with its origins based in an already well established electrical contracting business. Identifying a potential gap in the service market for the maintenance of refrigerated coldrooms and cabinets, Coldtech steadily built its business with excellent customer service and an experienced committed team. www.cold-tech.co.uk #Corporatefinance, #mergers, #mergersandacquisitions, #acquisitions, #merger #PrivateEquity, #Acquisition, #Growth, #MandA, #Privateequitynews, #Privateequity,

📌 Howes Percival has acted for Corby-based private equity investor Nene Capital on its acquisition of precision sheet metal manufacturing business Acegate (Manufacturing) Ltd. Our Commercial Partner, Miles Barnes commented: "We are delighted to be able to advise Nene Capital on this transaction. This is yet another deal for a long-standing client who has added a great new company to their rapidly growing long hold portfolio, and we look forward to working with them again as they continue with their acquisition strategy." 👉 Read more: https://lnkd.in/ghC7Aaj5 #CorporateDeal #Acquisition

Nene Capital Announces Strategic Acquisition of Acegate Manufacturing Ltd as Part of Its Long-Hold Portfolio. Corby, 23rd April 2024 – Nene Capital, a long term investor in small and medium-sized enterprises (SMEs), is proud to announce its latest acquisition, Rochdale based Acegate Manufacturing Ltd; specialists in manufacturing from light gauge sheet metal and tubular section. This acquisition marks a significant addition to Nene Capital’s long-hold portfolio, underscoring its commitment to delivering growth and driving value across its investment portfolios. Acegate Manufacturing Ltd, with its sterling reputation for producing top-tier, precision-engineered products, aligns perfectly with Nene Capital’s ethos of investing in businesses that demonstrate robust growth potential and operational excellence. Specialising in providing precision sheet metal manufacturing solutions across various sectors, Acegate’s expertise in high-precision fabrication and commitment to quality positions it for accelerated growth and market expansion under the guidance of Nene Capital. Commenting on the acquisition, Stephen Bayliss, Managing Director of Nene Capital, said: "We are excited to welcome Acegate Manufacturing Ltd into portfolio 1. This acquisition is a testament to our investment philosophy of fostering sustainable growth in companies that not only lead in their respective fields but also have the potential to innovate and scale. With Nene Capital’s resources and strategic support, we are confident that Acegate will achieve new heights of success." Simon Stringer, Finance Director of Nene Capital commented: “Acegate has demonstrated long-term reliable trading success and sustained value generation. It is another business we are proud to include in our long-hold strategy underlying our financial fundamentals and goals” Nene Capital is poised to work closely with Acegate’s management team to build on the strong foundation. This acquisition reflects Nene Capital’s continued commitment to investing in companies with the potential for significant growth and long-term value creation for stakeholders. The transaction was supported by the corporate deal team at solicitors Howes Percival LLP. For media inquiries or further information, please contact: [email protected] www.nenecapital.co.uk About Nene Capital: Nene Capital is an opportunity focused investor in UK SMEs. As active managers, Nene Capital builds leading, mid-market companies through acquisition and robust organic growth. About Acegate Manufacturing Ltd: Established in 1995, Acegate Manufacturing Ltd stands at the forefront of precision sheet metal engineering, offering bespoke solutions across many sectors. Renowned for its cutting-edge technology and commitment to excellence, Acegate is dedicated to delivering superior products and services that exceed customer expectations. #Corporatefinance #PrivateEquity #MandA

Nene Capital Expands Investment Portfolio with Acquisition of UK SME Engineering Company MTS Corby, 23rd November 2023 – Nene Capital, a long term investor in UK small and medium-sized enterprises (SMEs), is thrilled to announce its recent acquisition of MTS (Motor Technical Services Ltd), an esteemed engineering company based in Wellingborough, UK. This acquisition underscores Nene Capitals ongoing commitment to invest in UK SME’s and create value across its portfolios. As a dedicated investor in the growth and success of UK SMEs, Nene Capital identified MTS as a valuable addition to its portfolio 2 strategy. MTS, with its distinguished reputation in the engineering industry and its commitment to delivering quality-first solutions, perfectly aligns with Nene Capital's mission to deliver risk adjusted returns within the UK's vibrant SME landscape. " With its strong track record of delivering high-quality products and services to its customers, MTS is a clear fit with our investment strategy. It has a unique value proposition and a compelling vision, we look forward to supporting the talented management team to deliver their growth plans over the long term. This acquisition is a testament to our unwavering commitment to identifying investment opportunities in the SME space with long term growth potential, and creating value on a risk adjusted basis. " said Stephen Bayliss, Managing Director of Nene Capital. MTS, known for its expertise in delivering high-quality engineering solutions and its strong focus on innovation, will now benefit from Nene Capital's resources and strategic guidance. This synergy is expected to further elevate MTS's position in the engineering sector and enable the company to explore new avenues for growth and development. Commenting on the acquisition, Simon Stringer, Finance Director of Nene Capital said: ”MTS has performed consistently for a number of years through putting customers first – delivering a solution-based quality product to a loyal client base. These fundamentals, combined with the massive opportunities in this market, now and in the future, make it another excellent SME acquisition for Nene Capital.” "We are thrilled about the opportunities that this acquisition will bring to MTS and its stakeholders. Nene Capital's commitment to supporting the growth of UK SMEs aligns perfectly with our vision for expanding our reach and capabilities," commented Tony Libertucci, Managing Director of MTS. For media inquiries or further information, please contact: [email protected] www.nenecapital.co.uk About Nene Capital: Nene Capital is an opportunity focused investor in UK SMEs. As active managers, Nene Capital builds leading, mid-market companies through acquisition and robust organic growth. About Motor Technical Services Ltd: MTS specialise in the sale, servicing, repair and reconditioning of electric motors, generators, fans and pumps with fast track collect, repair or replace services.