TClarke has been acquired by Regent Acquisitions
April 2024 — TClarke plc has been acquired by Regent Acquisitions Limited through a recommended cash offer, with completion still pending.
TClarke is an industry leader in the design, installation, integration and maintenance of digital, mechanical and electrical technologies and infrastructure for modern buildings, delivering optimal performance, control and sustainability. Its services include mechanical and electrical systems, ICT solutions, and facilities management, encompassing intelligent building technologies and equipment installation.
Regent Acquisitions is part of the Regent Group, a leading supplier of gas and metering services to industrial and commercial customers, principally in the leisure, retail and manufacturing sectors.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, acted as the sole Rule 3 and financial advisor to TClarke in its recommended cash offer by Regent Acquisitions. The offer, which valued TClarke at approximately US$123 million on a fully diluted basis, was approved by shareholders in June 2024.
Talk to the deal team
Related deals
Veremark has completed a secondary share sale
Veremark, the global workplace trust company, has completed an employee and early investor secondary share sale, on the London Stock Exchange’s (LSE) Private Securities Market (PSM), valuing the company at over US$133 million in enterprise value. Crowdcube, Europe’s leading private market liquidity platform, managed the transaction.
Learn moreENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn more