Yorkshire asset management specialist IntelliAM snaps up Scottish partner

The deal puts Sheffield’s IntelliAM into the central belt of Scotland

AI software firm IntelliAM has acquired Scottish maintenance specialist RBM Lubrications & Monitoring Solutions in a £25,000 deal.

The acquisition is said to follow a long-standing relationship between the two businesses, lasting more than seven years. As part of the deal, seven RBM Lubrications employees have transferred to £3.2m turnover IntelliAM alongside engineering assets and vehicles.

RBM Lubrications founder Brian Sarginson has also joined as vice president of IntelliAM Scotland. The deal is structured as a deferred consideration with cash payable at the end of 2029.

Tom Clayton, CEO of IntelliAM, which specialises in industrial asset management systems, said: “We are delighted to formalise our long-standing relationship with RBM through this acquisition. Having worked closely together for over seven years, this is a natural and strategically important step for both businesses.

“It strengthens our presence in the central belt of Scotland, a key hub for UK manufacturing, and enhances our ability to deploy IntelliAM’s advanced Intelligent Asset Management solutions at scale. We see a significant opportunity to drive improved productivity and asset reliability for industrial customers in the region through the application of AI, and we look forward to building on this strong foundation for growth.”

RBM generated revenues of £648,331 for the year ended July 31, 2025 and was profitable. IntelliAM anticipates the acquisition to be modestly accretive to full‑year 2027 profit and to make a positive and growing contribution to margins and profitability over time.

Brian Sarginson, CEO of RBM Lubrications, said: “Having partnered with IntelliAM for many years, I am pleased to be joining the Group at such an exciting stage in its development. This transaction brings together deep domain expertise in lubrication and reliability with IntelliAM’s cutting-edge AI capabilities.

“I believe this combination will deliver substantial value to customers across Scotland and beyond, and I look forward to supporting the next phase of growth as we expand our offering and impact in the region.”

Last year, IntelliAM expanded into the building products sector, securing new contracts with Marshalls, Tarmac, H+H and Knauf in both the UK and Japan.