DM Technical Services

Investment date January 2006
Exit date June 2007
Sector Industrial services
Deal type Public-to-private
Exit type IPO
Total investment £15.8 million
Realised proceeds £56.8 million

Investment overview

DM Technical Services, formerly Dowding & Mills, had a market-leading position in engineering calibration and refurbishment of industrial electrical equipment, including motors and generators. It also repaired electronic control systems and associated mechanical drive units such as pumps and gearboxes, with particular expertise in ships. DM was the largest UK-based company offering these services and had subsidiaries in Australia and the USA that served the coal-mining industry.