Go to deals
Business Support Services

Office Concierge Limited has been acquired by Groupe Armonia

January 2018 — The shareholders of Office Concierge Limited have sold the company to Groupe Armonia, a French corporate reception services provider. Financial details have not been disclosed.

Founded in 2002, Office Concierge was the first company in London to develop and launch the concept of a totally outsourced solution for reception management services. The company delivers front-of-house concierge and lifestyle services to more than 220 offices in the City, Canary Wharf and the West End. Office Concierge has 550 employees and generates annual revenues of US$26 million.

Groupe Arnonia is a French corporate reception services provider, a wholly owned subsidiary of Sofinord. Founded in 1974, Sofinord is a French family-owned group with subsidiaries that include ICTS, Phone Régie, Muséa, Mahola Hôtesses, Mahola, Côme, Facilitess, Facilevent, Avenir RH, CESG, and Hoteling. The group generates annual revenues of over US$1 billion with approximately 20,000 employees.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised the shareholders of Office Concierge on the sale of the business to Armonia.

Parties

Talk to the deal team

Lord Leigh of Hurley

Managing Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more
Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
Private Equity | Business Support Services

Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners

The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.

Learn more
TA Associates has completed a sell-down of its stake in Eurowag
Private Equity | Business Support Services | Logistics | TMT

TA Associates has completed a sell-down of its stake in Eurowag

TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).

Learn more