RSK hits acquisition trail once more, targeting property services business

Cheshire sustainable solutions group, RSK, has completed its latest acquisition, with the addition of London-based property services business, 3BM Group, for an undisclosed sum.

The 3BM business specialises in project management, consultancy services, architecture and planning.

The deal brings together two employee-owned businesses with shared commitments to sustainable, high quality solutions.

The acquisition sees 3BM, with regional offices in London and Chelmsford, join RSK’s extensive network.

It brings a strong portfolio of clients including the NHS, Crown Commercial Service, St John’s College (Oxford University), and various educational institutions.

DJH Corporate Finance, formerly DTE Corporate Finance, advised on the deal, and Andy Rennison, 3BM Group Managing Director, said: “We would all like to thank Jon Else and Lewis Pearson at DJH for their support on this transaction and finding the right buyer for 3BM.

“Following a comprehensive sale process, we are delighted to be moving forward to the next phase of our growth with a fellow employee-owned business that shares the same core values as our own.”

Helsby-based RSK, headed by founder and chief executive, Alan Ryder, comprises  more than 200 companies and employs more than 15,000 people in 40 countries on six continents.

The group’s annual turnover at the end of fiscal year 2023, was £1.2bn.

Jon Else, Director at DJH Corporate Finance, said: “We believe that we have found the best strategic purchaser for 3BM and are excited to see how the group’s growth story continues as part of the RSK Group.

“It’s another deal in the professional services sector for DJH Corporate Finance and we have a number of others in the pipeline.”