Millenium Site Services, a site services provider headquartered in Derby, has been sold to Maple House Capital.
Founded in 2000 by Lee Quince, Millenium Site Services has grown into a nationally recognised one-stop-shop for spray painting, repair, and engineering services, predominantly serving the rail repair and refurbishment sector.
The acquisition marks a significant milestone for Millenium, positioning the business for continued expansion across the UK’s transport infrastructure sector.
Maple House Capital is a UK-based investment firm focused on thoughtful business succession and long-term value creation. Founded and led by Innocent Udia, Maple House operates as a search fund seeking to acquire and actively manage a single established business with strong fundamentals and growth potential.
The transaction involved the sale of Millenium Site Services (UK) Limited and Millenium Properties Limited, with shareholders Lee and Debra Quince and Danielle Clarke, who were advised throughout by PKF Smith Cooper’s corporate finance team.
The transaction team at PKF Smith Cooper was led by corporate finance director David Crump, supported by assistant corporate finance manager Callum Leslie. Gary Devonshire, tax advisory partner, provided specialist tax advice to the sellers.
Legal advice to the sellers was provided by Flint Bishop. The team comprised Martyn Brierley, partner and head of corporate, Mark Wilcock, corporate and finance partner, George Ottewell and Robert Devine, corporate and finance solicitors, and Janet Rhodes, partner and head of the commercial property team.
David Crump said: “Millenium Site Services is a fantastic example of a family-run business that has grown through a commitment to quality, flexibility, and deep sector expertise. It was a privilege to support Lee, Debra, and Danielle in finding the right buyer to lead the next phase of the company’s journey.
“We were particularly impressed by Innocent’s clarity of vision and commitment to long-term stewardship, which aligns well with the values and legacy of the Millenium team. We wish the team and Maple House Capital every success moving forward.”
Martyn Brierley said: “It was a pleasure to work alongside the shareholders and the wider advisory team on this transaction. Millenium is a standout business with a strong reputation in its sector, and this deal represents a great outcome for all involved. We wish Innocent and the team every success as they take the business forward.”
Lee Quince, founder of Millenium Site Services, added: “Selling the business was a huge decision for our family, and we’re incredibly grateful to PKF Smith Cooper for guiding us through every step with professionalism and care. Their advice was invaluable throughout. We also appreciated the support from the team at Flint Bishop, who ensured the legal process ran smoothly and efficiently.”
Maple House Capital was advised on the acquisition by Buzzacotts and Marriott Harrison. Browne Jacobson advised HSBC who provided debt funding for the transaction.
