23 Jul 2021
Bolt-on acquisition of Tozer Gallagher
Gateley has announced the bolt-on acquisition of Tozer Gallagher, a leading practice of chartered quantity surveyors and construction consultants, for up to £700k. The acquisition adds complementary services to the Property platform and looks to be a good cultural fit; the businesses have worked closely together in the past and share a number of clients. For now, we assume modest earnings accretion (1% in each year) with scope for further growth over time under Gateley’s ownership. Equally impor ....
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Bolt-on acquisition of Tozer Gallagher
Gateley (Holdings) Plc (GTLY:LON) | 126 0 0.0% | Mkt Cap: 165.9m
- Published:
23 Jul 2021 -
Author:
James Tetley -
Pages:
3
Gateley has announced the bolt-on acquisition of Tozer Gallagher, a leading practice of chartered quantity surveyors and construction consultants, for up to £700k. The acquisition adds complementary services to the Property platform and looks to be a good cultural fit; the businesses have worked closely together in the past and share a number of clients. For now, we assume modest earnings accretion (1% in each year) with scope for further growth over time under Gateley’s ownership. Equally impor ....