Utilitywise Plc (UK) acquired t-mac Technologies Limited (UK)
Deal Size: $33m Industry: Business Consulting Date: April 2015
Utilitywise (AIM:UTW), an independent utility cost management consultancy, has announced the acquisition of the entire issued share capital of t-mac Technologies. T-mac Technologies develops energy management solutions in the UK. The acquisition is in line with Utilitywise’s strategy of broadening its service offering and, in particular, expanding into energy management systems. t-mac’s modern, cloud-based technology provides Utilitywise with the assets and skills to offer new value-added subscription services to its customers covering procurement, management, monitoring, and reduction of electricity, gas and water.
K3 Business Technology Group plc (UK) acquired Willow Starcom Ltd (UK)
Deal Size: $2.6m Industry: IT Consulting Date: April 2015
K3 Business Technology Group PLC has acquired Willow Starcom Ltd from Access Intelligence PLC for $2.6 million in cash. Willow was established in 1990 and is based in Greater Manchester, in North West England. It is an IT support services company with cloud computing capabilities. “Willow is highly complementary to K3’s existing hosting and managed services activities and the business can be very readily integrated. The addition of Willow Starcom will broaden our existing offering within hosting and managed services and brings additional expertise and skills to our team. We believe that there is significant potential to expand our hosting and managed services activities and this acquisition is part of our strategy to realise that growth opportunity”, K3 Chief Executive David Bolton said in a statement. K3 Technology Group supplies computer software and consultancy services in the UK.
Mazars Group (France) merged with Roever Broenner Susat (Germany)
Deal Size: $2.6m Industry: Financial Advisory Date: April 2015
Accountancy firm Mazars has merged with German rival Roever Broenner Susat to create a business with more than 1000 staff, 68 partners and a turnover of €110 million. The merger means Mazars will rise several places amongst the largest German firms, moving from 15th to 8th position. “This is great news for Mazars in the UK, as Germany is the UK’s second largest export market globally after the US. We already work with a significant number of German-based clients, as well as UK clients doing business in Germany. The merger gives us further opportunities to strengthen our Anglo-German business. To support growth we have established a new German desk, drawing on the skills of staff from across six UK offices”, International Board member and Mazars UK senior partner Phil Verity said. Roever Broenner Susat is one of Germany’s leading independent medium-sized audit and tax consulting firms with 54 partners and 750 employees across 10 offices. Continue reading