New consultant buys M&E specialist TACE

Grant Prior 6 months ago
Share

Contollo Group – a new building consultancy group backed by private equity firm NorthEdge – has completed the acquisition of mechanical and electrical consultancy TACE.

Ruth Percival, CEO of Contollo Group
Ruth Percival, CEO of Contollo Group

It is the second deal by Contollo this year after completing its inaugural partnership in February with cost and project management consultancy Abacus.

TACE has offices in Manchester, Liverpool and London and its 35 staff will remain within the business operating from current locations.

Ruth Percival, CEO of Contollo Group, said: “TACE has a reputation for excellence in engineering with a specialism in highly sustainable, large-scale, government-backed projects and we’re very proud to welcome them to the Contollo Group.

“Contollo was established to bring together highly respected regional consultancies, to create a national multi-disciplinary group and TACE is the first M&E consulting business to join.

“We’ve built a great relationship with the leadership team and look forward to working with Nigel Griffiths, Nick Thomas and James Massey to help build our nationwide capacity and we expect to make further acquisitions imminently.”

Nigel Griffiths, director TACE added: “Joining the Contollo Group is the perfect next step for TACE as our business evolves. It will enable us to offer greater scale, expand our additional services and build our range of sector-specific capabilities.  Working within the Contollo Group will allow us to offer the same exceptional service to our clients, whilst also bringing extra benefits through our shared expertise and values.”

Contollo Group is looking to acquire up to seven businesses in the North West, Midlands, and South East over the next five years as part of its ambitious growth programme, which now brings the head count in the Group to 140.

Contollo is working with commercial developers to offer building consultancy (MEP and Cost Management), with particular expertise in smart buildings to help them decarbonise.

 

Latest news

Sir Robert McAlpine claws way back into profit

Firm says return to profit and strong cash balance validates new strategy
2 hours ago

Severfield to cut staff by 6% amid pricing pressure

Steelwork contractor warns of extended tighter pricing due to project delays
2 hours ago

JRL completes sale of 50% stake to Malaysian giant IJM

Deal boosts balance sheet and kicks starts growth plan
3 hours ago

Green light for £100m Liverpool Baltic station build

Enabling highway works to start in the autumn
20 hours ago

First live tests for flying construction robots

Drones can lay construction materials at height on site
2 hours ago

Three firms land £170m Gentoo Sunderland housing deal

PHS Solutions, Esh and RE:GEN to deliver 10-year home upgrade plan
21 hours ago

Gateway gridlock hits build-to-rent delivery as starts nosedive

Build to rent starts plunge 18% in the capital
1 day ago

Call to shift Gateway 2 checks to end building bottleneck

"The current system isn't working but we all want to see safe buildings"
1 day ago

GBN launches £600m bid race for SMR engineer roles

Owner engineers to provide technical and assurance services
1 day ago

Wates hires ex-Homes England chief to head public sector push

Robert Stone to spearhead its public sector and national frameworks strategy
1 day ago

Acheson Construction collapse costs suppliers £8.5m

One frustrated creditor seized a telehandler after contractor went into administration
2 days ago

Dominus wins go-ahead for 173-bed Glasgow scheme

Old Wynd Street job expected to cost around £25m to build
2 days ago

Safety Regulator misses deadline to clear Gateway 2 backlog

Investors pulling out of funding high rise buildings
2 days ago

CITB still sitting on £95m cash pile

Staff numbers jump from 666 to 763 as training body wage bill soars
2 days ago

£500m road surfacing framework market call

NEPO goes out to consultation on north east regional highways deal
2 days ago

Two share £220m Scottish rail repairs and minor works deal

AmcoGiffen and CPMS win civils and building repair deals
2 days ago

Builder wanted for £60m London leisure and flats job

Tower Hamlets aims to replace St George’s Leisure Centre in Shadwell
2 days ago

Contractor confirmed for business park expansion

Roe Developments to start on next phase of Castle Donington scheme
2 days ago

Driver escapes injury as scaffold collapses onto van

Major three-lift scaffold fall blocks north London high street
1 week ago

Gilbert Ash to be sold to staff

£267m turnover contractor to transition to an Employee Ownership Trust
1 week ago

M Group seals biggest-ever deal with Telent takeover

Digital infrastructure specialist deal lifts turnover to £3bn
1 week ago

Aggregates firm Ashville went down owing more than £3m

Debts revealed in Companies House update
1 week ago

Cardo saves 100 jobs at Breyer roofing arm

Private equity-backed Welsh maintenance group continues to expand
1 week ago

Excavator knocked off lorry going under bridge

Traffic Commissioner inquiry after accident in south London
1 week ago

Czech energy tycoon buys UK’s biggest rebar supplier

Spanish offload Celsa UK operation to be rebranded 7 Steel UK
1 week ago

Caddick Construction targets £400m turnover

Regional shake-up pays off at contracting arm
1 week ago

Redrow chief steps down after Barratt merger

Matthew Pratt leaving after 22 years
1 week ago

United Living names new property services senior team

New CEO and COO appointed to lead growth in housing upkeep and retrofit
1 week ago

Wynne triples turnover in three years to over £90m

Five-year growth strategy pays off
1 week ago

Speedy Hire blames Budget for branch closures

National Insurance rises accelerate closure programme
1 week ago

Contractor services