Cyrus Investment Management LLP (CIM) is the investment adviser of the Cyrus Precision Engineering EIS Fund offering investors the opportunity to invest tax efficiently in British precision engineering companies. CIM’s second fund, Cyrus Precision Engineering EIS Fund 2 closed on June 3rd. Fund 2 will continue to invest in tier-1 British precision engineering businesses and build on the successful ‘buy and build’ strategy of Fund 1.
CIM takes an active approach in managing companies in which an investment has been made, to help the companies grow. The strategy is to consolidate all growth investments and assets into a single entity with improved sales, profitability, and NAV at exit.
The CIM partners have proven experience in making strategic growth investments and consolidating UK precision engineering companies. Our CIO Ian Watkins has over the past 15 years acquired and consolidated the following companies:
1998 – Acquisition of Warwill Gears
2004 – Acquisition of Banner Industrial Transmission & Engineering (BITE)
2004 – Acquisition of Richardson & Westgarth Transmissions & Gear (RWT & RWG)
2004 – Acquisition of RW Site Services.
2006 – Acquisition of Technical Electrical.
2009 – Acquisition of Taylor & Sons Engineering
2014 – Acquisition of Bradford Cylinders
2015 – Acquisition of Rhino Doors (Cyrus EIS 1)
2015 – Acquisition of City Engineering (Cyrus EIS 1)
2015 – Acquisition of FGP Engineering (Cyrus EIS 1)
2016 – Acquisition of Ramp Surface Coatings (Cyrus EIS 1)
Visit our team page to find out more about the people behind CIM.