Add-on Acquisition • Business Services

Kinovo Acquires Spokemead Maintenance

On March 24, 2016, Kinovo acquired business services company Spokemead Maintenance for 9M GBP

Acquisition Context
  • This is Kinovo’s 2nd transaction in the Business Services sector.
  • This is Kinovo’s 0th largest (disclosed) transaction.
  • This is Kinovo’s 3rd transaction in the United Kingdom.

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M&A Deal Summary

Date March 24, 2016
Target Spokemead Maintenance
Sector Business Services
Buyer(s) Kinovo
Deal Type Add-on Acquisition
Deal Value 9M GBP

Target Company

Spokemead Maintenance

Hertfordshire, United Kingdom
Spokemead Maintenance Ltd. is a provider of electrical installation, repairs and maintenance services.
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Buyer Overview 1

Buyer

Kinovo

London, United Kingdom

Category Company
Founded 2014
Sector Business Services
Employees203
Revenue 64M GBP (2024)
DESCRIPTION

Kinovo is a provider of general building and gas maintenance services. Kinovo is a provider of specialist property services centred on safety and regulatory compliance, home and community regeneration, and sustainable living through the installation of efficient and greener energy alternatives. Kinovo was founded in 2014 and is based in London, England.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 2 of 2
Type: Add-on Acquisition 3 of 3
Country: United Kingdom 3 of 3
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-24 DCB

Kent, United Kingdom

DCB (Kent) Ltd. is a provider of quality building, refurbishment and maintenance services to housing associations and local authorities.

Buy £4M