Mergers and Acquisitions
Client: Interserve plc
Project: Acquisition of MacLellan FM

Commercial Imperative:
During an interim assignment with Interserve Group, a £120 million acquisition of a top 10 UK FM services company with 13,000 staff and 26 properties was undertaken. The aim was the efficient integration of the new estate into the group property strategy and the closure and disposal of surplus offices.
CPA Role:
In addition to continuing the role of managing the CRE function within Interserve Group, we acted as ‘workstream leader’ on the due diligence exercise and as subject matter expert on the Integration programme.
The Result:
Our experience assisted in the timely and efficient integration of two significant businesses. We quickly identified the buildings to close (politically, cost driven and lease opportunities) and within six months the estate was managed and occupied as one company; including rebranding, signage and budget integration.