FRP Corporate Finance advises N-Able Group on its sale to RSK Group

We are pleased to have advised award winning sustainability focused architectural and property consultancy business, N-Able Group, (N-Able) on its sale to RSK Group.

Headquartered in London, N-Able is a one stop shop for design and construction services, specialising in the delivery of low energy, low environmental impact buildings. It comprises of two award-winning companies, ECD Architects an architecture firm providing sustainable building design in England and Scotland, and Keegans, a building consultancy specialising in retrofit, building and fire safety.

The 110- strong N-Able group, which also has offices in Glasgow and Preston, approached FRP Corporate Finance because of our proven reputation delivering positive results for consultancy businesses serving the built environment sector.

Our Bristol team, led by Partner Mark Naughton, Associate Director Freddie James and Manager Kush Kunwar, worked to help prepare the business for sale, create marketing materials, and identify and approach buyers – with a focus on ensuring any suitor aligned with N-Able’s core commitment to sustainability.

RSK Group stood out as sharing N-Able’s vision and values, and we led negotiations on price, structure and working capital considerations to maximise value for the shareholders and managing the deal through to completion.

Mark Naughton, Partner at FRP Corporate Finance, said: “N-Able has been pioneering sustainability within architecture and property consultancy for nearly three decades, so it was important to find a buyer with closely aligned values.

“ECD and Keegans are award-winning businesses with market leading offerings in sustainable architecture, retrofit and building safety, and this deal represents an exciting opportunity for all to maintain their identity going forward, while benefiting from being part of the highly reputable RSK Group.”

N-Able Group Chairman Danny Innes said: “FRP played a crucial role as our trusted advisers. They managed the acquisition process with precision, navigating negotiations in a level-headed and objective manner, even when emotions ran high. Their approach was direct, honest, and always in our best interests. We could not have asked for better advisers and would highly recommend them to anyone considering a transaction of this scale.”

Gowlings provided sell side legal advice while Memery Crysal provided buy side legal advice and Cortus provided buy side financial due diligence.