Sweden's Qflow enters UK with three consultancy acquisitions
What's the deal? Swedish engineering consultancy group QflowDealroom has a profile for this one. Try Dealroom → has acquired three UK firms — Caneparo AssociatesDealroom has a profile for this one. Try Dealroom →, EAS Transport PlanningDealroom has a profile for this one. Try Dealroom → and Blueprint Project SolutionsDealroom has a profile for this one. Try Dealroom → — marking its entry into the British market. Law firm KnightsDealroom has a profile for this one. Try Dealroom → advised Qflow on all three deals.
The players: London-based Caneparo Associates specialises in transport planning and highway design for urban developments. Hertfordshire's EAS Transport Planning covers transport planning, highway design and sustainable infrastructure for public and private clients. Blueprint Project Solutions, founded in 2011 in Stonehouse, Gloucestershire, provides project controls, programme management and risk advisory across infrastructure, energy, nuclear and defence.
Why now? The acquisitions establish Qflow's UK presence and give it a platform for further growth. The group already comprises 40 businesses and more than 1,300 consultants across Sweden, Norway and Denmark.
What's the endgame? Qflow wants to build a leading European specialist consultancy in infrastructure and the built environment. It says the deals will strengthen collaboration and knowledge sharing between its UK and Nordic operations.
In their words: "This represents a significant milestone for us, not only by establishing a presence in the United Kingdom, but also alongside our strategic ambition to build a leading European specialist consultancy," said Alexander Weiss Montan, head of mergers and acquisitions at Qflow.
The Knights team advised across corporate, commercial, real estate, employment and construction matters, led by corporate partner Gareth Burge.
The signal: The trio of deals shows Nordic consultancy groups eyeing the UK as fertile ground for expansion, using bolt-on acquisitions to enter a new market quickly and build regional scale in specialist infrastructure services.
Read more: bdaily.co.uk
Image credit: Kaique Rocha