Contollo Expands with MBA Acquisition
Deal News | Nov 13, 2024 | FM Business Daily
Contollo Group Ltd, a company supported by the private equity firm NorthEdge, has announced the acquisition of MBA Consulting Engineers. MBA, with offices in Milton Keynes and London, is known for its expertise in delivering sustainable building solutions, especially within the industrial and logistics sectors. Under the leadership of Nick Crewe, all 60 MBA employees will remain in their current offices. This transaction is part of Contollo's strategic expansion plan, following previous acquisitions of TACE and Abacus, bringing its total employee count to 140 across six locations. Contollo aims to leverage MBA's strong industry reputation and capabilities to further grow its presence in sustainable design and cost management. The acquisition aligns with Contollo's long-term growth strategy, which includes acquiring businesses in the North West, Midlands, and South East over the next five years. Corporate finance advisory and legal support were provided by firms such as Langtons, Alvarez & Marsal, Cowgills, Mills & Reeve, BP Collins, and Convex Financial.
Sectors
- Building Consultancy
- Private Equity
- Sustainable Construction
Geography
- United Kingdom – Contollo and MBA have offices in the UK, specifically in Milton Keynes and London, and the acquisition is occurring within this region.
Industry
- Building Consultancy – The article is centered around Contollo Group Ltd and MBA Consulting Engineers, both of which are involved in providing consultancy services for building projects.
- Private Equity – The acquisition is backed by NorthEdge, a private equity firm, highlighting the role of private equity investment in the growth of Contollo Group.
- Sustainable Construction – Contollo Group and MBA focus on sustainable building solutions, especially within the industrial and logistics sectors, making this industry classification relevant.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Contollo Group Ltd | Acquiring Company | Company | A building consultancy group implementing a growth strategy through acquisitions supported by NorthEdge. |
| MBA Consulting Engineers | Target Company | Company | A multi-disciplinary consultancy specializing in industrial and logistics building solutions. |
| NorthEdge | Private Equity Firm | Company | The private equity firm backing Contollo Group's acquisition of MBA. |
| Nick Crewe | Managing Director | Person | Managing Director at MBA Consulting Engineers. |
| Ruth Percival | CEO | Person | Chief Executive Officer of Contollo Group. |
| Langtons | Corporate Finance Advisory | Company | Provided corporate finance advisory services for Contollo. |
| Chiara Pettinicchio | Client-Side Deal Support | Person | Provided client-side deal support for Contollo. |
| Alvarez & Marsal | Corporate Finance Advisory and Project Management | Company | Provided corporate finance advisory and project management for Contollo. |
| Cowgills | Financial and Tax Due Diligence | Company | Provided financial and tax due diligence for Contollo. |
| Mills & Reeve | Legal Support | Company | Provided legal support for Contollo's acquisition of MBA. |
| BP Collins | Legal Advisor | Company | Advised MBA Consulting Engineers. |
| Convex Financial | Financial Advisory | Company | Provided financial advisory services to MBA Consulting Engineers. |