CMS Window Systems agrees investment deal with LDC

CMS Enviro Systems Ltd – trading as CMS Window Systems (CMS) – has agreed a significant growth capital investment deal with Lloyds Development Capital (LDC). Initium featured as lead advisor to the shareholders of CMS during the transaction.

CMS was founded in 2006 by Andy Kerr and is headquartered in Cumbernauld, employing more than 255 people. Specialising in energy-efficient and environmentally-friendly products, including PVCu, aluminium and timber composite, windows, doors and curtain walling systems, it supports customers as they procure and deliver some of the largest housing investment programmes and commercial build projects in the UK. It also provides services from design and manufacture, through to installation and aftercare.

To meet increased market demand for a full-service supply chain partner, the business has an in-house structural engineer and design team, which can provide added-value services such as value engineering, Building Information Modelling (BIM) and project management with all extracted waste processed at its dedicated recycling facilities. This is a distinct differentiator in the sector, and has helped the company deliver strong revenue growth, with double-digit increases in turnover.

The deal sees founder and chief executive Andy Kerr, and his management team, remain as the majority shareholders, with LDC acquiring a minority stake.