Thu, 03 Oct 2019 | BUSINESS SALE
Phenna Group, a Nottingham-based group of businesses operating in the TICC – testing, inspection, certification and compliance – sector, has successfully taken over Group Management Electrical Surveys (GMES).
GMES, which is headquartered in Ripponden, caters to international blue-chip clients by providing a range of electrical services. Its acquisition is Phenna Group’s fifth since it was formed less than a year ago, with the aim of broadening its portfolio to include a wider range of services.
GMES’ managing director, Steve Cressey, is expected to stay on in his current role to support Phenna Group’s management team.
Cressey said: “I am delighted to join the Phenna Group portfolio of companies. The company has excellent credentials in the TICC sector and demonstrated close alignment with our values and entrepreneurial spirit.
“Selecting the right partner who shared our ambitions for growth, who would give us the support and backing to achieve these goals was key and I firmly believe Phenna Group will deliver exactly that. I'm very excited about the future.”
The chief executive of Phenna Group, Paul Barry, commented: “I'm delighted that Steve and his team have joined our Group. The company fits closely with our strategy of creating a differentiated group of niche TICC businesses and has close customer and market synergies with our other portfolio company, Building Envelope Technologies Ltd.
“I'm looking forward to working with Steve and his team to deliver their ambitious growth plans.”
Benchmark International and Schofield Sweeney provided GMES with support, whilst Avonhurst and Johnston Carmichael advised Phenna Group.
The company is a well-established specialised contractor offering commercial decoration services across Central Scotland, known for its strong relationships with Tier 1 construction organisations and preferred contractor status. With a diverse projec...
This highly regarded automotive service centre, located in Buckinghamshire, has been a cornerstone of the community for over 15 years, with more than a decade of operation as a limited company.
A 50% stake in a highly reputable recruitment agency specialising in receptionist and facilities management placements for top-tier finance, investment, banking, and law firms in London.
07
|
Jul
|
Independent property firm acquires Blackpool estate agent | BUSINESS SALE
An estate agent based in Blackpool has been acquired by grow...
07
|
Jul
|
Poke restaurant chain acquires rival | BUSINESS SALE
Honi Poke has acquired rival poke chain Island Poké i...
07
|
Jul
|
MSP Contrac IT set for M&A growth after acquisition by telecoms group | BUSINESS SALE
Venridge Limited, a Yorkshire-based managed services provide...
30
|
May
|
Testing and compliance firm secures eighth acquisition of 2025 | BUSINESS SALE
Testing, inspections, certification and compliance (TICC) fi...
04
|
Mar
|
Phenna makes fourth acquisition of 2025 with Calibre deal | BUSINESS SALE
Nottingham-based Phenna Group has made its fourth acquisitio...
07
|
Feb
|
Phenna Group snaps up green consultancy STM Environmental | BUSINESS SALE
Nottingham-based independent testing, inspections, certifica...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.