Buzzacott provided financial and tax due diligence, transaction advisory and tax structuring services to Maple House Capital on the acquisition of Millenium Site Services.

Overview of the deal

We are delighted to announce Maple House Capital (led by Innocent Udia), have acquired Millenium Site Services.

Working alongside the Maple House lawyers, Marriott Harrison, we provided financial and tax due diligence, transaction advisory and structuring services, leveraging our team’s depth of experience across the maintenance/engineering sector to secure a fantastic outcome for Innocent.

The financial due diligence and transaction advisory team was made up of George Thresh, Alex Judd, and Victoria Sunley. The tax diligence and structuring team was made up of Kazia Kruszewski, Catriona Soden, Alastair McQuater, and Nicholas Atkinson.

Who are the firms involved?

Founded in 2000 by Lee Quince, Millenium Site Services has grown into a nationally recognised one-stop-shop for spray painting, repair, and engineering services, predominantly serving the rail repair and refurbishment sector. The acquisition marks a significant milestone for Millenium, positioning the business for continued expansion across the UK’s transport infrastructure sector.

Maple House Capital is a UK-based investment firm focused on thoughtful business succession and long-term value creation. Founded and led by Innocent Udia, Maple House seeks to acquire and actively manage a single established business with strong fundamentals and growth potential.

"We are very pleased to have been able to support Innocent and Maple House on the journey to making this substantial acquisition. The transaction represents yet another example of the continuing growth of Entrepreneurship through Acquisition (ETA) in the UK and we are excited for Millenium Site Services continue to flourish under Maple House leadership."

- George Thresh, Director in Transaction Services team

"Navigating an acquisition is never straightforward and this was no different. Having George by my side made all the difference. From the earliest discussions at the offer stage, through to the final stages of the deal, his guidance, insight and practical approach gave me extra confidence at every step. George understood both the complexities of the transaction and acted as a thoughtful sounding board on the human side of the process, helping me turn a challenging journey into a successful and rewarding outcome. I am truly grateful to him and the entire Buzzacott team."

- Innocent Udia, Partner and Founder, Maple House Capital