PiLON
Oct 2024
The Cavendish team were excellent in their tireless efforts from start to finish during our transaction. They were resilient and meticulous, leaving no stone unturned in identifying the best possible purchasers for PiLON, culminating in an outstanding result for the shareholders and Company going forward. I would highly recommend Cavendish to other business owners considering an exit.”
Vlad Nedelcu,
Managing Director, PiLON
Cavendish is pleased to announce that it has advised on the sale of PiLON, a leading property services business operating in the social housing sector, to United Living Group, the provider of property, telecoms and infrastructure services.
Established 20 years ago, PiLON is an award-winning contractor providing refurbishment, compliance and planned maintenance services. The Company operates London, the South East and the Midlands partnering, partnering with local authorities and housing associations.
The transaction brings together PiLON’s expertise in social housing maintenance and its people-focused approach, with United Living’s property services group and the extensive resources and industry network that it brings. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities, and deliver even greater value to its clients and communities.
Peter Gray, Partner at Cavendish said: “It’s been incredibly rewarding to collaborate with PiLON’s leadership on this transaction. PiLON has consistently set high standards in social housing maintenance with their dedication to quality and community-focused values. The transaction is value-add for both businesses, and with the support of United Living Group, we’re excited to see PiLON push the boundaries of operational excellence and deliver further value for its clients and communities.”
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