Consultant and construction services group makes latest acquisition
Acquisition-hungry consultant and construction services group RSK has bought architectural and property consultancy business N-Able Group.
The move supported by FRP Corporate Finance will see 110 N-Able staff join RSK bringing expertise in design and construction services specialising in the delivery of low energy, low environmental impact buildings
N-Able is headquartered in London and comprises two companies – ECD Architects, an architecture firm providing sustainable building design in England and Scotland, and Keegans, a building consultancy specialising in retrofit, building and fire safety.
Mark Naughton, partner at FRP Corporate Finance, said: “N-Able has been pioneering sustainability within architecture and property consultancy for nearly three decades, so it was important to find a buyer with closely aligned values.
“ECD and Keegans are award-winning businesses with market leading offerings in sustainable architecture, retrofit and building safety, and this deal represents an exciting opportunity for all to maintain their identity going forward, while benefiting from being part of the highly reputable RSK Group.”
Latest accounts for the year to March 31 2024 show N-Able had a turnover of £14.5m generating a pre-tax profit of £1,4m.
In the year ending March 2024 RSK made a pre-tax loss of £132m from a turnover of £1.9bn.
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