PE Deals

Rubicon Partners goes back for more, buying CMD from IDEAL Industries

CMD was previously owned by Rubicon, which created the business in 2001 by integrating three separate companies.

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  • The is the sixth investment made by Rubicon through its institutional fund, Fund V
  • CMD is a company specialising in above- and below-desk power distribution and ergonomic products for office and commercial fit-out markets
  • CMD’s management team will continue to lead the business as part of the deal

Rubicon Partners announced on Tuesday it has acquired CMD Limited from IDEAL Industries. The deal is the sixth investment made by Rubicon through its institutional fund, Fund V.

CMD develops above- and below-desk power distribution and ergonomic products for office and commercial fit-out markets.

CMD employs 158 people, from its manufacturing unit in Rotherham, England and showroom in London. The company was previously owned by Rubicon, which created the business in 2001 by integrating three separate companies. CMD’s management team will continue to lead the business as part of the deal.

Rubicon Partners is a London-based private equity firm that looks to buy industrial businesses in Europe and North America. It has acquired over 75 businesses across manufacturing, distribution and service sectors in the last 28 years. It invests in companies with an enterprise value between £15 million ($17.2 million; €17.4 million) to £250 million.