Quantity surveying firm merges with global consultancy
A quantity surveying advisory firm based in Buckingham, with offices in Chesterfield and London, has merged with an international project management and cost consultancy.
The merger combines Close UK and Cumming Group strengths, improving their ability to serve public sector clients across the UK and Europe.
Close UK will retain its headquarters in Buckingham while continuing operations from its offices in Chesterfield and London.
It expands the global consultancy’s public sector portfolio in the UK, adding 120 team members and increasing its European workforce to approximately 570.
The corporate finance team at Dow Schofield Watts from the Midlands played a key role in facilitating the deal, advising Close UK on finding a partner aligned with its goals.
Harry Walker, partner at Dow Schofield Watts, led the team. He said: “We were tasked with finding a partner that not only aligned with CLoSE UK’s business vision but also offered exciting growth potential for its team members. We are delighted to have secured a strong partner in Cumming Group, whose diverse portfolio and expertise in the public sector make this a truly strategic fit. We are confident this merger will lead to great success for both teams.”
Craig Maunder, Cumming Group’s CEO of UK & Europe, said of the merger: “The integration of CLoSE UK into Cumming Group aligns perfectly with our strategic objectives to expand our presence in the market while diversifying our service offerings. We are excited to collaborate with such a talented team known for their successful delivery in the public and facilities management sectors.”
In addition to DSW, legal advice was provided to CLoSE UK by Wilsons Solicitors LLP, led by James Johnson, and tax advice was provided by Menzies LLP, led by Richard Godmon.
Ben Allen, who will continue to lead CLoSE UK’s day-to-day operations and guide the integration, said: “Joining forces with Cumming Group opens up new opportunities for growth and innovation for our team members by leveraging the resources and stability of a larger, diversified company. Our shared commitment to delivering exceptional value to clients, combined with Cumming Group’s presence across the United Kingdom and Europe, positions us well for future growth.”
