Professional Services: Armstrong supports NorthEdge’s investment in Contollo Group

Armstrong is delighted to have provided commercial due diligence (CDD) to NorthEdge Capital (NorthEdge) in support of its investment in Contollo Group (Contollo), a newly formed built environment consultancy.

Contollo specialises in consultancy services across a range of sectors, supporting clients with their regulatory and sustainability targets; NorthEdge’s investment will allow Contollo to undertake a UK-focused buy and build strategy. Upon completion, Contollo secured its first acquisition of Abacus, a Manchester-based cost management consultancy.

Armstrong provided focused CDD which included in-depth interviews with market experts, an assessment of the wider construction market and a detailed review of the cost management and mechanical & electrical (M&E) consulting segments, alongside analysis of the competitive landscape and a review of buy-and-build strategies in the sector.

Liam May, Director at NorthEdge said: “It was great to work with Armstrong; the team’s excellent work validated our investment thesis and the CDD report was high quality. Solomon, Jack and Rupert also provided valuable insight into M&A in the sector to inform and develop our growth strategy.”

Jack Hibbs, Engagement Manager at Armstrong said: “We really enjoyed working with Contollo and NorthEdge, and are pleased to have assisted on this transaction. Contollo and Abacus have impressive management teams, and market conditions mean this is an exciting opportunity for growth. We very much look forward to seeing the success of the business going forward.”

If you are interested in talking to Armstrong about opportunities in the professional services sector, please contact: 

Soloman Ishack
+44 7943 036 633

Email Solomon

Jack Hibbs

[email protected]
+44 7883 296 346

Email Jack

Rupert Cookson
+44 7983 110 150

Email Rupert