Kenwood Damp Proofing acquired by Rose Street Partners
Proof positive of our “hard work” in Kenwood sale
KBS Corporate has been publicly thanked for its hard work in overseeing the sale of Kenwood Damp Proofing by the company’s investor, Rose Street Partners.
Founded in 1982 and based in Watford, Kenwood is a leading damp proofing and timber treatment contractor which attends over 20,000 properties each year in London and most of its neighbouring counties.
The company became the second 2024 investment made by Rose Street Partners, which describes itself as a permanent home for enduring businesses, supporting them to thrive over the long term with a forever time horizon.
Dan Skyte, CEO of Rose Street Partners, said he “couldn’t be more excited” to announce the investment.
“Kenwood Damp Proofing is an exceptional business with a rich history and a stellar reputation, and we are thrilled to welcome them to Rose Street,” said Dan.
“We are incredibly proud to invest in family businesses like Kenwood. Preserving such legacies was a huge part of the motivation for founding Rose Street and it is a responsibility we take seriously.
“Looking forward to working alongside Gary (Petrie, Kenwood’s Managing Director), Jake (Clarke, CEO) and the whole Kenwood team as we embark on this next chapter together.
“Thank you to KBS Corporate for their hard work on the sell side.”
Dan made specific reference to Tom Eatough, KBS Corporate Director, whom he tagged in the social media announcement, while a separate statement from Rose Street added the following further insight:
“Kenwood has grown to become the leading provider (of its services) in London and the South East thanks to its unwavering commitment to quality and customer service.
“Kenwood has thrived under two generations of family ownership and we are honoured that the Petrie family has entrusted us to uphold and build upon their remarkable legacy.
“We (will) support the company’s growth across the UK and its expansion into new client segments, while staying true to its core values of exceptional quality and service.”