PM+M is delighted to have advised on the successful sale of RAM Services Limited to the firm’s senior management team.
RAM Services Limited specialises in structural repair and refurbishment contracting. It provides a range of services to the power and water supply and distribution sector, the wider civil engineering industry, and to a range of public sector organisations.
PM+M acted on behalf of the majority shareholders of RAM Services Limited. Our corporate finance partner, Jim Akrill, led the PM+M team who supported the sellers with all financial, deal related and tax advice.
The deal will see the shareholders retire and exit the business with Paul Howarth, contracts director, and James Best, business development manager, taking full control.
Jim Akrill said, “We are pleased to have advised the shareholders of RAM on the sale of their business to the management team during such a challenging time. RAM is a robust business and is well positioned for future growth. We wish the new owners every success.”
Majority shareholder, Richard Kayser added: “Selling a business that you have worked so hard to build up is always going to be a big decision.
“The last 40-plus years has been a fantastic journey, and we are happy to know that RAM Services is in great hands under Paul and James’ ownership.”