KBS COMPLETES TEQNION TREBLE WITH NUBIS SOLUTIONS SALE

KBS Corporate has completed its third company sale to Swedish industrial group Teqnion within nine months, the latest being Cambridge-based Nubis Solutions.

After acquiring Stanwell Group and Surge Protection Devices during 2023, Teqnion has further strengthened its relationship with KBS via the purchase of all outstanding shares in Nubis, a market leader in bespoke data centre and computer room temperature control services.

Nubis was established in 2008 and creates innovative temperature control systems to optimise performance, increase operating efficiency and reduce carbon footprint.

Richard Chamberlain and Leyton Breed acquired the company in 2013 and instructed KBS as they explored exit strategies that would allow Nubis Solutions to continue its growth.

Teqnion, which acquires stable, niche companies with strong cashflows to develop and own long term, was attracted by what it described as “the distinctly high level of quality and service which have earned Nubis Solutions an almost impossible to replicate reputation as the go-to provider for the highest standard of containment solutions in the UK and Europe”.

Richard and Leyton will continue to run the company’s team of 15 staff with the support of an enthusiastic and forward-thinking Teqnion team working alongside them.

“After several fast-paced years of successful business growth it’s time to move Nubis to its next owners to allow the company to continue on its journey,” said Richard and Leyton. “We will both continue to guide Nubis and ensure it continues to flourish.

“Finding new owners with the same outlook has been difficult, but with Teqnion we feel like we have found kindred spirits. We are inspired to work with Teqnion to take Nubis to the next level of excellence.”

Johan Steene, CEO of Teqnion, added: “I’m very happy that we found the Nubis team since they are true Teqnion people – very dedicated, driven and skilled, working closely with their customers to always deliver the best solution.

“It is a wonderful company led by real gentlemen, acting in a time when we only expect data and processing capacity to increase, driving demand for Nubis systems. This will be fun!”

Johan’s colleague Daniel Zhang said in a Google review of KBS Corporate: “As the Head of Acquisitions at Teqnion, I would really recommend KBS. They are flexible in their approach, yet always professional. I have so far acquired three companies through the team and with the many opportunities Georgia (Rothwell, Senior Research Analyst) is presenting to me, I would be surprised if the number does not go up.”

Fabio Rambelli, KBS Corporate Associate Director, coordinated the sale for Nubis, with the company having previously been on the market with one of our competitor sales advisers who had failed to secure a transaction.

“It has been a very positive experience working with the Nubis and Teqnion teams and it is clear to me that the company will very much be in safe hands moving forward,” said Fabio.

“I’m very happy to have been able to facilitate this transaction and to have successfully advised my clients in this key stage of their professional lives.”

Fabio also paid tribute to Harriet Jones of Mackrell solicitors for “an excellent and very professional job”.