The Office Group has been acquired by Esselco Services LLP
October 2010 — Bridges Community Ventures has sold its portfolio company The Office Group to Esselco Services LLP or US$67.2 million.
The Office Group, founded by Charlie Green and Olly Olsen together with Bridges Community Ventures, is a specialist provider of flexible office space with a portfolio of six sites in central London and one in Bristol. Plans are in place to expand the business and an active search is underway for new sites in London. The group's founders will remain in the business.
Based in London, Esselco Services offers serviced office facilities
Our role in the transaction
Oaklins Cavendish, based in the UK, advised the seller in this transaction and conducted an extensive global marketing exercise generating considerable interest from trade buyers and financial institutions.
Talk to the deal team
Lord Leigh of Hurley
Oaklins Cavendish
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more