APRIL 16, 2026 – Yellow Point Equity Partners III LP (“Fund III”) is pleased to announce the successful exit of its investment in CIMS Limited Partnership (“CIMS” or the “Company”). On April 16, CIMS was acquired by Remondis, a privately owned company headquartered in Germany and one of the world’s largest providers of water, service and recycling solutions.
CIMS is a leading provider of heavy-duty mechanical maintenance services to the oil and gas, energy, mining, agriculture, and pulp and paper sectors. Operating across Western Canada and Ontario, the Company specializes in the maintenance and repair of boilers, reactors, precipitators, and other pressure vessels, and has built a strong reputation for executing large-scale plant shutdowns and other complex industrial maintenance projects.
Since Yellow Point’s investment in 2011, CIMS has strengthened its market position, expanded into a broader range of end markets, and completed three add-on acquisitions that supported geographic expansion and broadened its service capabilities.
Pat McGinley, President of CIMS said, “Yellow Point has been a highly supportive partner to CIMS. Their collaborative approach and long-term perspective helped position the Company for growth while allowing our team to remain focused on serving our customers, maintaining our strong safety culture, and delivering high-quality field execution.”
Brian Begert, Managing Partner of Yellow Point added, “CIMS represents a model Yellow Point investment – consistently profitable, growth oriented, and supported by an outstanding management team. Building on the strong foundation established by John McLaughlin more than 35 years ago, the Company has evolved into a highly respected industrial maintenance platform with a diversified customer base and an exceptional reputation in the markets it serves.”
Raymond James Ltd. acted as exclusive financial advisor to CIMS and Yellow Point in connection with the transaction.
About Yellow Point
Yellow Point Equity Partners has been actively helping its management partners build better businesses for over 20 years. The firm invests in outstanding management teams of later-stage growth companies based primarily in Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies.