Deal Background
Contollo is a progressive building consultancy group set up to bring together built environment sector experts. The demand for energy efficiency, carbon reduction and sustainability within the built environment sector is growing rapidly amongst a fragmented marketplace. The Contollo founders are on a journey to form a new mid-sized consultancy that works with commercial developers to offer building consultancy (MEP and Cost Management) with a particular expertise in smart buildings.
Contollo secured significant investment from NorthEdge Capital to support it buy-and-build strategy, commencing with the acquisition of Abacus Cost Management, a leading cost management consultancy business based in Manchester.
How Langtons Helped
Langtons acted for Contollo Group providing financial and tax due diligence services along with deal advisory services in respect of the acquisition of Abacus.
Results
The purchase of Abacus is the start of a significant buy-and-build process.
Ruth Percival, CEO of Contollo, said “we are on a journey to form a new market-leading building consultancy that works with commercial developers and enables clients to deliver their ESG ambition. This foundational partnership with Abacus is the first step in this journey.”
