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  5. Cardo Group Acquires LCB Group

M&A Deal Summary

Cardo Group Acquires LCB Group

On May 10, 2023, Cardo Group acquired business services company LCB Group

Acquisition Highlights
  • This is Cardo Group’s 1st transaction in the Business Services sector.
  • This is Cardo Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-05-10
Target LCB Group
Sector Business Services
Buyer(s) Cardo Group
Deal Type Add-on Acquisition

Target

LCB Group

Cardiff, United Kingdom
LCB Group is a building maintenance provider offering repair, maintenance and retrofit services to the social housing sector. LCB Group is based in Cardiff, United Kingdom.

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Buyer(S) 1

Buyer

Cardo Group

Cardiff, United Kingdom
Category Company
Founded 2023
Sector Business Services
DESCRIPTION

Cardo Group has been formed to support social housing providers with their maintenance, compliance, retrofit and decarbonisation needs. Cardo Group was founded in 2023 and is based in Cardiff, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
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