Acquisation of £7m-turnover firm follows reports that Capita is in talks to buy NB Real Esate
Capita Symonds has bought £7m-turnover healthcare consultancy Inventures, Building can reveal.
The deal, for an undisclosed sum, follows reports the company is in talks to buy property manager NB Real Estate.
Inventures, which has four UK offices, including its Bath HQ, provides programme and project management, property and estate management, healthcare planning, and facilities management advice to the NHS and other public sector bodies across the UK.
The acquisition comes as speculation mounts about further consolidation in the consultancy sector following Deloitte’s deal to buy Drivers Jonas this month.
Inventures employs more than 100 consultants and has also undertaken reviews of projects that include London 2012, Crossrail, and Wembley National Stadium
Graham Cowley, chief operating officer of Capita Symonds, said: “Inventures’ position as market leaders in the provision of Estates and Facilities Management advice to the healthcare sector, aligned with Capita Symonds’ national delivery capability, will offer a compelling proposition to our partners across the public sector.”
David Lawrence, chief executive of Inventures, said: “We are delighted to be joining Capita Symonds at a time when many of our clients are talking to us about increasing the range of services offered to them.”