Small Business Deal Advisors is pleased to announce the successful acquisition of CMS Utility Services of Shepherdsville, Kentucky by OCo Capital Management.
For over 40 years, CMS Utility Services, Inc. has been a trusted provider of the CMS Portable Pole Rack System, a proprietary solution widely utilized across the utility industry in the United States and Canada. CMS has earned a strong reputation for delivering expert pole rack installation services, ensuring that utility poles are positioned securely and precisely to meet industry standards. Seeking to transition into retirement, CMS founder Glenn Wilson partnered with Small Business Deal Advisors(SBDA) to find new ownership that could continue to grow the company.
“I cannot say enough how much I enjoyed working with advisor Rudy Moeller and the SBDA team, Glenn shared. “Rudy was so communicative throughout the whole process and gave great advice to keep us moving in the right direction. Overall honest, straight forward, and communicative every step of the way.”
OCo Capital Management, LLC is a private investment firm focused exclusively on advising and investing in small businesses with annual revenue of less than $50 million.
Michael Ogilvie, Partner at OCo Capital Management, commented that “it was an absolute pleasure working with Rudy and the SBDA team. I’ve bought many businesses in the past and I can say that Rudy did a great job for his client in this transaction. Rudy ran a robust, competitive process and was also fair and very reasonable to deal with from a buyers standpoint. We couldn’t be more excited about the company and our post-close value creation plan.”
Rudy Moeller of SBDA served as the Lead Mergers & Acquisitions Advisor to CMS Utility Services, Inc.
Small Business Deal Advisors leveraged their extensive expertise to guide CMS Utility Services throughout the sale process. This included producing and distributing marketing materials, performing unique and tailored marketing campaigns, providing consultation during negotiations, and managing the due diligence and closing process.
The terms of the transaction were not disclosed.