Announced
Completed
Financials
Tags
United Kingdom
Friendly
Single Bidder
accommodation services
Acquisition
Real Estate Holding and Development
Completed
Majority
Private
Domestic
Synopsis
Modulaire Group, a business services company specialising in modular space, completed the acquisition of Carter, a provider of temporary accommodation services, from Connection Capital. Financial terms were not disclosed. "I am delighted to welcome Carter into the Modulaire Group and look forward to working closely with their experienced and ambitious management team as they continue to grow. Carter's modern and versatile fleet positions the business well for a range of future growth opportunities, particularly given the current favourable market dynamics, and will further strengthen Modulaire Group's offering in the UK," Mark Higson, Modulaire Group CEO.
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