Building maintenance firm Cardo Group completes its sixteenth acquisition

The Cardiff based firm has acquired Andover venture Correct Contract Services

Cardiff headquartered building maintenance venture Cardo Group has completed its sixteenth acquisition.

It has acquired Correct Contract Services (CCS), strengthening its compliance and energy services capabilities.

The acquisition, the value of which has not been disclosed, is Cardo’s fourth this year following deals for R. Lewis & Co, EFS Systems and Trident Maintenance Services earlier this year.

Based in Andover and founded in 2007, CCS supports more than 50,000 properties with electrical, heating and retrofit services. The business now boasts a team off over 280 dedicated staff who work with local authorities and social housing landlords across the UK to help ensure homes are safe and energy efficient, delivering a wide range of services from electrical maintenance to large-scale retrofit upgrades.

CCS was founded by former gas engineers Danny Gladwyn and the late Trevor Dempsey. The acquisition further strengthens Cardo’s integrated service offering and supports its long-term growth strategy, combining national scale with local expertise to deliver quality services for customers and communities.

A specialist, multi-disciplinary team at Knights advised Cardo Group on the acquisition. The team was led by Cardiff-based corporate partner, Emma Borrington.

Liam Bevan, chief executive of Cardo Group, said:“CCS has built an excellent reputation for technical expertise, strong customer relationships and commitment to quality. We’re delighted to welcome the entire CCS team into the Cardo Group.

“Though this acquisition comes after his passing, the values and standards Trevor helped establish are exactly what made CCS the right fit for Cardo. It’s an important milestone as we expand our footprint across the south of England and continue to deliver safer and more energy-efficient homes for communities.

“We’re grateful to Emma and the Knights team for their hard work and collaborative approach throughout the transaction. Their ability to bring together the right specialists and work closely with our team helped support a smooth process and a successful outcome.”

Ms Borrington, Partner at Knights, added:“We were delighted to support Cardo Group on yet another acquisition as this exciting period of growth continues for them.

“Correct Contract Services and their strategic objectives are closely aligned with Cardo’s wider growth strategy, and their talented team adds further specialist capability to the Group’s customer proposition.

“It has been a pleasure to work with Liam, Alex and the Cardo team again on a transaction that reflects both strategic ambition and a strong, practical working relationship. We wish everyone at Cardo Group and CCS every success as they take this next step together.”