“We are very pleased to have teamed up with MML Ireland on this opportunity. We feel they are the right partner to complement the existing EES team and look forward to working with them to continue our Irish and international growth.”

Robert Keatinge, Managing Director, EES

EES

eesireland.com/
Partnered with management to support the majority acquisition of the business from the founding shareholders.

The business

EES is the leading outsourced provider of supply chain services and associated MRO in large manufacturing facilities.

The deal

Since its establishment, the company has grown significantly and built a blue-chip customer base focused on multinational manufacturers primarily in the pharmaceutical and food and beverage sectors. MML Ireland was introduced to the company as an alternative to a trade sale. The founders of the business wanted to realise a portion of their value but were keen to stay involved and participate on the next stage of evolution of the business. Preserving company culture was key to winning the deal. In this way MML Ireland appealed to both the Managing Director, Robert Keatinge, and the rolling founder shareholders. MML Ireland’s track record in providing the guidance and professionalisation required to expand and scale were a key component of the plan. Management, led by Robert, were brought into the equity for the first time as part of the transaction.

Fund
MML Ireland Fund I
Region
Republic of Ireland
Deal Status
Realised
Sector
Business Services

Related news

MML backed Eastland Engineering Supplies acquired by Vallen Distribution
MML Ireland has announced a successful exit from its investment in Eastland Engineering Supplies (EES), a leading Maintenance, Repair and Overhaul (MRO) integrated supply chain service provider with a blue-chip client base to Vallen Distribution, a portfolio company of Nautic Partners. Specific terms of the acquisition are not being disclosed.
EES wins Diageo Supplier of the Year Award
Diageo celebrated its first annual Global Brand Supply Supplier Awards at a virtual ceremony.
MML Ireland invests in EES
Eastland Engineering Supply Co Ltd. is delighted to announce that MML Ireland, a leading investor in Irish small and medium enterprises, has agreed to make a significant investment into the business.

Associated deal team

Neil McGowan

Partner and Co-Head of Investments

Christopher Walsh

Investment Director

MML investor portal logins

For investors in MML Ireland Fund I, MML Ireland Fund II & MML Fund VI

For investors in MML Fund VII