We advised on the sale of an East Anglian roofing and property services business

Aspect Group is a leading regional Tier 1 provider in East Anglia, headquartered in Wymondham and serving public sector, commercial, education and residential clients with services ranging from pitched and flat roofing to integrated property services and low-carbon technologies.

Larking Gowen advised on the transaction, supporting the shareholders throughout the sale of Aspect Group to Cardo Group. The transaction strengthens Cardo’s regional coverage and establishes a local foothold in the East of England, while supporting Aspect’s continued growth and expansion across the region.

Our role:

• Planning for sale services and business growth advisory 2 years prior to sale
• Preparing sales documentation
• Identifying and confidentially approaching potential buyers
• Deal negotiations
• Coordination of due diligence enquiries
• Advising on financial and tax elements of the legal contracts and wider transaction
• Proactive deal management throughout

Key highlight:

Identifying a strategically and culturally aligned buyer that met the differing objectives of the shareholders, while providing Aspect with a strong platform for continued growth as part of Cardo.

Richard Colley and Matthew Dillon, Directors and Shareholders of Aspect Group Holdings, said:

"We're delighted to have got to this stage and really appreciate all the support, advice and hard work from the whole Larking Gowen team along the way.

You've all played a huge part in getting us to such a positive outcome, and we couldn't have asked for a better team to guide us through the process."

Jack Minns, Corporate Transactions Partner, said:

“Aspect has built an excellent reputation in the region, so it was important to find a buyer that recognised the quality of the business and shared the shareholders’ values and ambitions for its future. Cardo was a strong fit, both culturally and strategically, and we are delighted to have helped the shareholders achieve a successful outcome while providing an exciting platform for Aspect’s continued growth.”

Ethan Frost, Corporate Transactions Executive, said:

“It was a pleasure to support Matt and Richard with the sale of Aspect Group, from the initial preparation and buyer engagement through to completion. Cardo represented a strong strategic fit for the business and provides an excellent platform for Matt to continue growing the business and ensuring the continued delivery of high-quality service to clients.”