Edwin James Holdings (“EJH”), a portfolio business of Aliter Capital, has successfully acquired Peterborough-based mechanical and electrical maintenance provider, PEME from its founders, Ashley Maile, Darren Martin and Ian Morris.
The UK FM merger and acquisition specialist Morphose introduced the parties earlier this year and the deal completed last Friday.
PEME are an industry leading asset care provider, working to improve clients’ maintenance and engineering compliance through a blend of asset care, plant maintenance, engineering compliance, reliability improvement and condition monitoring.
Commenting on the transaction, Billy Allan, founding partner of Aliter Capital said:
“We are very pleased with the acquisition of PEME. This acquisition process has been exemplary and Morphose continue to prove their value by introducing complimentary parties.”
Morphose Managing Director Nick Atherton commented:
“It has been a pleasure working with the EJH and Aliter Capital team. We wish them every success in developing their business.”