We’re delighted to share the key role our Corporate Finance team have played advising our client, 3BM Group, in their acquisition by RSK. This is the first completed transaction for the team following their rebrand to DJH earlier this month as they became our specialist transactional advisory team.
3BM Group, a prominent property services business specialising in project management, consultancy services, architecture and planning, has been acquired by RSK, a global leader in the delivery of sustainable solutions with more than 200 environmental, engineering and technical services businesses. The transaction brings together two employee-owned businesses with shared commitments to sustainable, high-quality solutions.
The acquisition sees 3BM Group, with regional offices in London and Chelmsford, join RSK’s extensive network. 3BM brings a strong portfolio of clients including the NHS, Crown Commercial Service, St John’s College (Oxford University), and various educational institutions.
Andy Rennison, 3BM Group Managing Director, commented: “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.”
As RSK continues to deliver its ambitious global growth strategy, its more than 200 companies employ over 15,000 people in 40 countries on six continents. The group’s annual turnover at the end of FY23 was £1.2 billion.
“We have enjoyed working with Andy, 3BM Chair Kevin Beerling and the 3BM team,” said Jon Else, Director at DJH Corporate Finance. “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.”
