We are delighted to have advised Sutton Group Limited on their sale to BAM Construct UK Limited.
Sutton is a provider of maintenance contracting and facilities management. The business was established in 1978 and today offers a complete building management programme to its customers. In the last 30 years Sutton has undertaken work on many iconic buildings in the UK.
With its head office in Luton, the business has a further four regional offices in Glasgow, Maidstone, Manchester and Newcastle. The core focus of Sutton is in hard maintenance facilities with a customer portfolio incorporating retail, office and residential properties.
BAM is part of the Royal BAM Group, one of Europe's largest construction groups. BAM's facilities management arm, BAM FM, has been operating since 2001, and has worked closely with Sutton on a number of projects. The acquisition of Sutton will extend BAM's FM services offering and support the group strategy for growth.
From the moment we brought Grant Thornton on board, they have provided excellent advice and helped deliver on shareholders' objectives. The team led a smooth transaction process and brought real clarity to the structure of the deal. In addition, Grant Thornton managed key negotiations with BAM on our behalf. This helped drive final value up significantly to the benefit of the shareholders.Paul Rowledge Shareholder, Sutton Group Limited