M&A

FM

Atalian Servest Acquires Incentive FM

Atalian Servest has acquired multi-service provider Incentive FM Group in its first UK acquisition since the 2018 takeover of Servest Group by Atalian Global Services. Founded in 2002, Incentive FM  has built an enviable reputation in FM service excellence and boasts an impressive client portfolio, with many long-standing and legacy relationships. The transaction will also…

M&A

Elon Musk Twitter Deal Reignites Public v. Private Ownership Debate

Rialto Markets CEO and Co-founder Shari Noonan explains why Elon Musk’s proposed US $44 billion swoop on social media platform Twitter has reopened the long-standing debate on the merits of companies staying or going private. For now, Tesla and SpaceX boss – and the world’s richest man (with an estimated worth of US $244 billion),…

Construction

SOCOTEC Acquires Quantity Surveying Practice

SOCOTEC Group has acquired Base Quantum, a Quantity Surveying, Dispute Resolution and Expert Witness practice, based in the UK. Base Quantum is a fast-growing organisation dedicated to the provision of Quantity Surveying services in relation to the pre and post contract commercial management of construction and infrastructure projects, and Expert Witness services involving the evaluation…

Corporate

European Divestments Pave Way for Rentokil Initial Takeover of Terminix

Terminix has entered into a definite agreement to divest its pest management businesses in the United Kingdom and Norway in response to regulatory stipulations relating to its pending acquisition by Rentokil Initial plc. The Divestment is expected to close in the next 30 to 60 days, subject to limited closing conditions. Terminix expects to record…

M&A

Johnson Controls Acquisition of Asset Plus

Johnson Controls has acquired Asset Plus, a specialist provider of energy reduction and zero-carbon measures for the UK public sector. Delivering sustainability savings for multiple NHS organisations, local authorities, and educational establishments, Asset Plus provides strategic support and project management for energy efficiency measures and retrofitting across complex built environments. This includes low-carbon heating through…

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