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Birmingham Post
Birmingham Post
Business
Tom Pegden

Private equity investor Palatine sells stake in ground testing specialist CTS Group

Private equity investor Palatine has sold its stake in construction lab specialist CTS Group.

Leicestershire-headquartered CTS has been acquired by Oakley Capital, a pan-European private equity investor.

Palatine said it had exited the business as CTS had become “the fast-growing provider of testing, inspection and geoengineering consulting services to the construction and infrastructure sectors”.

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