Berry Smith are delighted to have advised the shareholders on the sale of South Wales based Computerised & Digital Security Systems (CDS) together with its group companies, Gem Security Services Limited and Blue Sky I -Tech Solutions Limited, to Johnson Controls (JCI).
Since 1985, CDS has been at the forefront of security system technology, design, installation and integration for the United Kingdom’s public and infrastructure. CDS hold a number of leading accreditations recognised in their industry and they design and install integrated security systems at numerous nationwide locations for clients within the public, education, health, utilities, commercial and retail sectors.
CDS have decades of experience in their industry and have recently worked closely with their suppliers to identify solutions to help businesses implement effective measures to operate safely and productively during the Covid-19 pandemic, such as thermal body temperature monitoring and customer flow management solutions.
Berry Smith worked closely with the shareholders throughout to help deliver a smooth and efficient transaction. The sale will enable JCI, the global leader for smart and sustainable buildings, to extend its customer base and expand on CDS’ offerings for its projects.
Andrew Bound, Corporate Partner, led the team at Berry Smith which acted on behalf of the sellers. Other key members of the Berry Smith team were Owen James (Senior Associate) and Jacob Sims (Trainee Solicitor).
It was a pleasure to advise and work with the shareholders of CDS on the sale to JCI. Simon and his team have grown a very successful business in the digital security industry, and we wish JCI every success in evolving the business
Simon Moon, founder and CEO of CDS commented:
This transaction represents a significant milestone for CDS and will provide many opportunities for expansion. We would like to thank Berry Smith for all their professional guidance throughout this transaction process. The communication and support was excellent and we would highly recommend the Berry Smith team
The other advisers that worked on the transaction were Simon Marsden and Frank Holmes of Gambit Corporate Finance LLP and Martin Knight and Huw Palin of BPU Accountants.
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