Cadogan Tate Group Holdings Limited / H2 Private Equity
Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised the shareholders of Cadogan Tate, a premium specialist logistics group offering packing, moving, shipping, storage and insurance for fine art and other valuable possessions, on its sale to H2 Equity Partners.
Established in 1977, Cadogan Tate is one of a handful of global companies able to provide end-to-end global specialist storage and logistics services for high-value items. Cadogan Tate’s customers include wealthy individuals, interior designers, auction houses, art galleries and museums. Cadogan Tate’s deep-rooted culture of excellent customer service means it is the go-to provider for the world’s most high-profile jobs including moving President Obama as he left the White House.
The business is headquartered in London with offices in New York, Los Angeles, Miami, Paris and Cote d’Azur. The company generated sales of c.£50 million in its most recent financial year to September 2017 and employs c.450 employees.
The Cavendish team comprised Lord Leigh of Hurley (Senior Partner), James Ellis (Director) and Ben Goldring (Associate Director).
James Ellis, Director and Head of Logistics at Cavendish, commented:
“We are delighted to have advised the shareholders of Cadogan Tate on the sale to H2 Equity Partners. Cadogan Tate is a market leading brand with a superb international client base. This transaction further demonstrates Cavendish’s credentials in the premium logistics and residential moving space, following our previous advice on the sale of Sterling Relocation to UniGroup.”
“The Cavendish team, led by James Ellis, were extremely hands on and left no stone unturned, supporting and guiding me and the management team through all aspects of the transaction with the upmost professionalism. I would have no hesitation in recommending Cavendish to anyone wishing to sell their business.”
Recent Deals for Business Services Sector
John Nicholls Limited
UK Storage Limited
Davidson Kempner / Pithos Capital