Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
PKF Smith Cooper has advised the family shareholders of Millenium Site Services on the company’s sale to investment firm Maple House Capital.
Millenium, founded in 2000 by Lee Quince, is a Derby-headquartered site services provider specialising in spray painting, repair, and engineering work for the rail repair and refurbishment sector.
The company offers both on-site and in-house solutions aimed at improving efficiency and reducing vehicle downtime.
The acquisition marks a significant milestone for Millenium as it looks to expand further across the UK’s transport infrastructure sector.
The business holds RISQS accreditation and ISO certifications, and its clients include Hitachi, Alstom, and East Midlands Railway.
The transaction involved the sale of Millenium Site Services (UK) Limited and Millenium Properties Limited.
Shareholders Lee and Debra Quince and Danielle Clarke were advised throughout by PKF Smith Cooper’s corporate finance team, led by corporate finance director David Crump and assistant corporate finance manager Callum Leslie.
Tax advisory partner Gary Devonshire provided specialist structuring advice.
Flint Bishop provided legal advice to the sellers, with a team led by partner and head of corporate Martyn Brierley alongside corporate and finance partner Mark Wilcock, solicitors George Ottewell and Robert Devine, and partner and head of commercial property Janet Rhodes.
Maple House Capital was advised on the acquisition by Buzzacotts and Marriott Harrison. HSBC provided debt funding for the transaction, advised by Browne Jacobson.
Crump said: “Millenium Site Services is a fantastic example of a family-run business that has grown through a commitment to quality, flexibility, and deep sector expertise. It was a privilege to support Lee, Debra, and Danielle in finding the right buyer to lead the next phase of the company’s journey.”
Brierley added: “Millenium is a standout business with a strong reputation in its sector, and this deal represents a great outcome for all involved.”
