Business Update: idverde acquire Aspho as part of the acquisition of Assist Group
idverde confirmed today the acquisition of Assist Group, an established provider of grounds maintenance, arboriculture and highway services principally in the North West and Midlands area of England. The company has an impressive track record and has grown considerably over the past two years.
Based in St Helens, Assist has annual sales of £14m and employs 217 colleagues, delivering a number of high-profile contracts. This acquisition strengthens idverde’s presence in the region, provides a complementary offer to existing clients in both companies and further develops idverde’s extensive national coverage delivered by idverde colleagues. idverde now has over 3,000 directly employed colleagues across the UK which enables its service capability to be far reaching to serve clients both locally and nationally.
Doug Graham, CEO – idverde UK commented;
“We are pleased to welcome our new colleagues from Assist into the idverde family. The company shares many common values with those of idverde, is forward thinking and has enjoyed impressive growth in recent times. This has resulted in long-term contracts being secured with a number of key high-profile clients”.
Dave Dargan – Founder and CEO of Assist Group commented;
“This is exciting news for everyone at Assist, the business has been on a fantastic journey which has seen us achieve impressive growth in our markets with new and existing clients. I am immensely proud of what we have achieved and am excited about what the future holds for our colleagues and customers. The time comes for a new chapter and as part of my planned exit from Assist it was important that we found the right partner who shared the strong people and customer service values that we hold dear and I’m confident that idverde will be an excellent platform for the business to continue its exciting journey. I would like to take this opportunity to thank all my friends, colleagues and customers at Assist for their unbelievable support and dedication over the last 18 years”
Ian Johnson, Head of the Corporate Finance at Cowgills commented;
“idverde is a great fit for Assist Group, offering significant opportunities to expand national presence whilst sharing common values towards client service. It has been a pleasure to work with the management team to help them achieve their goals and we look forward to observing the developments of this strategic acquisition.”
For more information, contact Hannah Jepp, Marketing & Communications Manager on firstname.lastname@example.org.