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Our Corporate Finance team advises H.I.G. Capital backed andwis. Group on the acquisition of Kent Lift Services

16 October 2024

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Our Corporate Finance Team recently provided financial and tax due diligence services to H.I.G. Capital backed andwis. Group on their acquisition of Kent Lift Services.

Kent Lift Services, an independent passenger lift maintenance company based in Dover, serves customers across Kent. The company specialises in planned preventative maintenance, reactive emergency response and lift refurbishment. Over time, they have built a strong reputation for delivering a high-quality, reliable service and developed a loyal customer base.

andwis. Group is one of the UK’s leading technical services providers, with expertise in areas such as M&E, lift maintenance, entrance and access security, HVAC, and fire and security. Following its acquisition, Kent Lift Services will continue to support its local clients but will transition to become part of the Classic Lifts brand. This will enhance andwis. Group's coverage and customer service capabilities in London and the South East.

Mark Collins, retiring MD of Kent Lifts said, "We're delighted to continue to serve our customers as part of Classic Lifts and the andwis Group. Our team has built a strong reputation for excellence in lift servicing and maintenance and by joining with Classic Lifts and andwis we can offer even more; from lift installation to the wider range of technical building services that the group offers".

Adrian Crane, MD of the andwis. Lifts & Entrance Division said, "The Kent Lifts team have built a tremendous local reputation. We're excited to welcome the team into the Classic family and take the business from strength to strength".

Brad McAvoy, who led the team at James Cowper Kreston Corporate Finance, supported by Nikul Patel, commented: "We are delighted to have supported andwis. Group on another transaction. The acquisition of Kent Lift Services demonstrates their commitment to providing a high-quality service offering to both existing and new clients in London and the South East region.”