A company based in Great Yarmouth that designs and plans retails spaces has crossed a milestone.

CA Design Services (CADS), on Hewett Road, has announced its acquisition by Tern Capital, which invests in software and technology-led businesses.

The decision to join forces with Tern was made by the CADS board with its Dutch owners Boskalis.

Over the last 40 years, CADS has found customers in 25 countries across five continents serving global brands and international retailers.

The company uses in-house surveys, 3D visualisation teams and space planning experts in grocery, fashion, DIY, pharmacy, PFS and other retail environments.

They work with Shell, Sainsburys, Lidl, B&Q and John Lewis, among other retailers. 

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Guy Moates, director of CADS, said: "We are excited about the opportunities this acquisition brings to CADS and all those who have been part of our journey.

"The team at Tern share our values and commitment to excellence, and we are confident that this partnership will accelerate our growth and create new avenues for success."

Co-Director Aaron Wright said: “This acquisition is a testament to the dedication and hard work of CADS’ employees, who have played an integral role in building our company's reputation and success. 

"Most importantly, there will be no change operationally in terms of the services and excellent level of support we provide to our customers.”

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Karthik Dasari, managing director of Tern, said: “We’re excited to be supporting CADS on their growth journey as a standalone group.

"Their market-leading services and software have already delivered significant benefits to their customers.

"At Tern, we take a hands-on approach and work very closely with businesses to help them scale using our deep operational experience, know-how and talent network.”