Contollo funding
We are pleased to have provided funding to support Contollo Group Ltd (“Contollo”), a building consultancy group backed by private equity firm NorthEdge, with their ambitious growth programme including the acquisition of two mechanical and electrical (MEP) consultancy businesses.
Contollo has set out its ambition to acquire businesses in the North West, Midlands, and South East over the next five years, as part of its mission to build a national business of scale that works with developers to offer building consultancy (MEP and Cost Management), with particular expertise in smart buildings.
Last week the business acquired TACE, a specialist consulting-engineering practice which serves the public and private sectors; with a focus on education, sports facilities and multi-unit accommodation.
It has further announced its acquisition of MBA Consultants (“MBA”), a MEP consultancy specialising in delivering highly sustainable building solutions, particularly in the industrial and logistics sectors.
Following its inaugural partnership in February with Abacus, a leading cost and project management consultancy, the business now has six offices across Manchester, Liverpool, London and Milton Keynes; and a team of 140 people. In addition, the business has built a strong operational platform and expanded its senior leadership team with Gary Gardner joining the business as Chief Strategy Officer in June.
Contollo was established to bring together highly respected regional consultancies and sector specialists, to create a national multi-disciplinary group that unlocks the full potential of smart buildings for developers. We’ve built a great relationship with the leadership teams of Abacus, TACE and MBA, who have all established an excellent reputation; and will support us to extend our consulting capabilities and the national reach of the Group. We now have an established platform, which enables us to make further acquisitions and support a wide range of customers.Ruth Percival, CEO of Contollo
Simon Dixon, Managing Director North, ThinCats, said: “We are delighted to be supporting Contollo’s ambitious growth programme as they look to consolidate in one of the fastest growing segments of the UK construction market. Ruth, Oliver and the expert team’s industry knowledge coupled with their excellent track record of executing buy and build strategies means they are well positioned to capitalise on this fragmented market – evidenced by their second and third acquisitions in quick succession in the past few weeks. With backing from NorthEdge they have perfect partners and a fantastic platform on which to build. We are excited to be a part of their journey and look forward to supporting Contollo’s next phase of growth.”
