[Funidng alert] UK-based Contollo Group Secures an Investment from NorthEdge

Saturday 17, 2024 | By Startup Rise EU

UK-based Contollo Group Secures an Investment from NorthEdge. The amount of the deal was not disclosed. With the money, the company plans to implement a buy and build strategy centered on the UK, which will help it meet the demand for tech-enabled smart buildings.

UK-based Contollo Group Secures an Investment from NorthEdge. The amount of the deal was not disclosed. With the money, the company plans to implement a buy and build strategy centered on the UK, which will help it meet the demand for tech-enabled smart buildings.

Contollo is a recently established building consultant business headed by CEO Ruth Percival and Executive Chair Oliver Dennis. The company provides consulting services in cost management, project management, and MEP design and planning, with a focus on helping clients realize their Net Zero goals.

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Following the investment's completion, Contollo acquired Abacus, a cost management consultancy with headquarters in Manchester.

Abacus is an independent cost management consultant that was founded in 2007 by Ellis Goodfellow and Mike Perry. It provides the construction industry with technical services such as fund monitoring, technical assurance, and due diligence in addition to quantity surveying and project management.

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The company has worked with significant private developers, operators, funders, and education providers. Its experience spans a wide range of industries, including sport and leisure, industrial & logistics, multi-room residential accommodation (student, BTR, & hotels), and commercial projects.

Ruth Percival said: “We are thrilled to be partnering with the highly talented and experienced team at Abacus. Our mission is to build a market-leading, integrated building consultancy that helps our clients achieve their Net Zero ambitions in the built environment. This acquisition lays a robust foundation of experience and expertise for further acquisitions and growth.”

About Contollo

Contollo is a recently established building consultancy that combines built environment specialists with group dynamics experts. The need for sustainability, carbon reduction, and energy efficiency aligns with growing expectations for what buildings can accomplish.

Read also - UK-based Codestone Acquired Cloud Business

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