The Office Group has been acquired by Esselco Services LLP
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
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
Related deals
Jeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
Learn morePiLON has been acquired by United Living Group
United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.
Learn moreHolyhead Towing Company Ltd. has been acquired by Fortuna Ltd.
Fortuna Ltd. has acquired Holyhead Towing Company Ltd. Holyhead Towing, a trusted provider in the maritime and towing services sector, brings essential expertise and operational capabilities to Fortuna, enhancing the group’s marine logistics support and aligning with its strategic objectives. This acquisition marks a pivotal moment in Holyhead Towing’s journey, supporting its growth and service capacity within Fortuna’s international operations.
Learn more