Palatine Private Equity backs CET UK
Palatine Private Equity has completed a secondary buyout of CET UK, a specialist provider of infrastructure and property assurance services. Established in 1989, CET is headquartered in Castle Donington and employs more than 470 people. With Palatine taking a majority stake, it aims to use investment to develop new technology to streamline its claims management and investigation division. It also plans to roll out additional material testing laboratories across the UK and advance its buy-and-build strategy with the extra support.