A significant acquisition has been made in the access solutions industry. The takeover brings fresh opportunities for growth and development.
With expertise in providing access solutions for high-risk environments, the new alliance promises enhanced service delivery and expanded capabilities.
A Strategic Takeover
Warrington-based British Engineering Services Group has acquired the access solutions specialist, UbiQ Group, for an undisclosed sum. UbiQ Group, established in 2018 and headquartered in Stoke-on-Trent, has carved a niche in access solutions for those working at height or in challenging environments.
Operating on a national scale with a team of approximately 20, UbiQ Group boasts a diverse client base spanning sectors such as highways, railways, civil engineering and energy. Their notable projects include work at the stadiums of Premier League football clubs Tottenham Hotspur and Southampton.
Advisory and Oversight
Bolton-based KBS Corporate provided advisory services for the deal. The transaction was overseen by Nathan Leah, KBS Corporate Associate Director.
This acquisition resulted in UbiQ joining BES Group’s Infrastructure Division, enhancing its suite of end-to-end risk management solutions.
Jamie Holland, Director at UbiQ Group, expressed enthusiasm about joining a like-minded company. “Continuing to provide our customers with the same level of service is our ongoing priority,” he stated.
Leadership Statements
John Campbell, CEO of BES Group, extended a warm welcome to UbiQ’s team and highlighted their valuable expertise.
“They bring with them a range of impressive skills that will really support the wider BES Group,” Campbell noted.
Nathan Leah commented on the collaboration, stating, “It was a pleasure to work with Jamie Holland and Stuart Alcock (UbiQ directors) throughout the KBS project.”
Growth and Development
Nathan Leah praised the growth and development of UbiQ Group since its foundation, noting the company’s consistent performance. “BES Group was the perfect acquirer, in reality, and showed keen interest from our first engagement,” Leah added.
He extended a special thanks to Guvvy Sandhu and Harriet Jones of Mackrell Solicitors for their diligent support and collaboration.
“Their contributions were invaluable to the successful completion of this deal,” Leah concluded.
Future Prospects
The acquisition signifies a promising future for both UbiQ Group and BES Group.
This strategic partnership is expected to drive innovation, enhance risk management solutions, and broaden service offerings.
Industry Impact
This deal is poised to have a positive impact on the access solutions and risk management industries.
Clients in various sectors can look forward to enhanced services and innovative solutions as a result of this acquisition.
Key Takeaways
The acquisition of UbiQ Group by British Engineering Services Group marks a significant milestone in the access solutions industry.
This strategic acquisition underscores the commitment of both companies to excellence and growth.
Clients can expect continued high-quality service and innovative solutions from this new alliance.