H2 EQUITY PARTNERS PORTFOLIO COMPANY CADOGAN TATE COMPLETES THE ACQUISITION OF WETZEL & SONS INC.

H2 Equity Partners is pleased to announce that portfolio company Cadogan Tate has completed the strategic acquisition of Wetzel & Sons Inc. (“Wetzel”), a Los Angeles based premium fine art storage and logistics specialist. Since its foundation in 1976 by Daniel Wetzel, the business has built a strong reputation serving high-end interior designers, architects, museum, galleries, collectors and wealthy individuals across its three sites in Northern Los Angeles.

Completed in November 2020, the acquisition strategically enhances Cadogan Tate’s presence in the US market, which now generates over 60% of the group’s revenue, while adding scale to one of the Group’s fastest growing locations, Los Angeles. Following completion, Cadogan Tate will work closely with management to leverage Wetzel’s strong brand and repeat customer base, accelerate growth and expand the service offering.

Speaking of the news, CEO of Cadogan Tate, Duncan Orange said: “The acquisition is a great fit, Wetzel are a truly customer orientated business who put the client’s needs at the forefront of their thinking. This can be seen in the relationships that they have managed and nurtured for over 30 years. Like Cadogan Tate, these customers stick with Wetzel because of the personal touch afforded to each and every one of their customers and the ongoing commitment to service excellence”.

For further information of Cadogan Tate, please visit www.cadogantate.com and for more information on Wetzel please visit www.wetzelmovingandstorage.com.

Henry Stevens

Senior Associate

 

Henry joined H2 in 2024 and is involved in both evaluating new investment opportunities and supporting existing portfolio companies.

 

Prior to joining H2, Henry spent nearly six years at the strategy consultancy firm, Roland Berger, where he was a core member of the Transaction & Investor Services platform supporting private equity and strategic investors across the Industrial and Regulated & Infrastructure sectors predominantly within the mid-market.

 

Henry graduated from the University of Cambridge with a Bachelor (Hons) in Economics. His interests outside of work are road cycling where he competes in time trials, running and skiing.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.