Our Mergers & Acquisitions team advised on the sale of Profile Consultancy Limited (“Profile”) to Bellrock Property and Facilities Management Limited (“Bellrock”), a comprehensive total FM group backed by Lyceum Capital. Profile is a market leader in the provision of service charge and insurance management in the retail and leisure sector managing c£250 million of service charges per annum.
The acquisition of Profile strengthens Bellrock’s offering providing clients with a wider choice of technology-driven FM and property management services and establishing Bellrock as the leading independent specialist provider and the natural partner for all tenant service charge needs.
“The sale process was more complex than I had anticipated. However, the BDO team provided the help, support and guidance necessary to navigate a path through this rigorous, but ultimately rewarding, financial transaction.”
David Howell, Director and Shareholder