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Mecsia

Mecsia provides compliance-led technical inspection and maintenance services to the commercial property, education and healthcare sectors.

Overview

Mecsia provides mechanical and electrical maintenance, compliance and testing services to the owners and managing agents of properties across the UK, including commercial offices, healthcare, and education settings. These services are on a planned preventative basis as well as round-the-clock reactive services, encompassing mechanical, electrical, HVAC, water testing, plumbing, fire protection, and BMS controls.

Mecsia was formed by the merger of five regional specialists between December 2020 and March 2024 – Cambridge Maintenance Services; Acorn Engineering; SK Refrigeration, Heating & Cooling; Artic Building Services, and Scott Combustion.

  • Status

    Exited

  • Exited

    2024

  • Type

    Acquisition funding

  • Sector

    Business Services

Rockpool Team

What was the investment thesis?

What was Rockpool’s value add?

Mecsia is now one of the fastest growing technical services businesses in the UK and increased revenues from £15m to over £100m under Rockpool’s ownership, driven by rapid organic growth and four strategic acquisitions.

Mecsia was sold to Synova in 2024 following a highly competitive process. The sale generated a blended return of 7.0x capital invested across four rounds of funding (including acquisitions). Rockpool investors that supported the original MBO of Mecsia in December 2020 generated an 11x return on capital invested.

Rockpool re-invested for a minority stake alongside management and Synova and continues to support Mecsia on the next stage of its buy-and-build journey. This has broadened the geographic footprint and expanded the service offering to new sectors and services.

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