Sonio Singh

The corporate and commercial team at Davis Blank Furniss has acted for Oltec Group on its recent acquisition of Your Castle Caretakers. The team, which was led by Sonio Singh (pictured) – corporate and commercial partner – included Lauren Sever, associate solicitor.

The value of the share sale has not been disclosed, although all of Your Castle Caretakers’ staff and clients have been transferred to Oltec Group as part of the acquisition.

Your Castle Caretakers was established in 2013 and is headquartered in Blackburn but works across the North West. It specialises in commercial cleaning, facilities management and maintenance for clients operating in both the state and independent education sectors.

Oltec Group is a leading provider of building maintenance, security, and cleaning services. Its broad client base is spread throughout the UK and includes companies in the corporate, transport, logistics, retail, healthcare, and legal & finance industries. The firm is based in Wigan and was established in 1974. The deal will help Oltec grow its share of – and presence in – the North West’s education market.

Other advisors involved in the deal included Ryan Bilsborough, corporate finance manager at PM+M, who handled the key elements of the sale for Your Castle Caretakers including a highly confidential and targeted marketing strategy as well as the negotiation process; and Rebecca McCann, senior associate at Forbes Solicitors, who also acted for Your Castle Caretakers.

Olivier Cavaliere – CEO of Oltec Group – said: “We are delighted to welcome Your Castle Caretakers into the Oltec Group. Over the years, Castle Caretakers has built up a strong reputation and is a fantastic addition to our offering. This deal is another step in our ambitious growth strategy.”

Sonio Singh added: “As a firm, we were pleased to advise Olivier and his team secure yet another acquisition which will further help to boost Oltec’s fast growing reach and capabilities across the UK.”

Ryan Bilsborough commented: “We were delighted to secure a deal for Your Castle Caretakers, a valued client of PM+M for many years. The deal secures the future of the business and will be a fantastic addition to Oltec Group’s growing portfolio.”

Lionilde Laverman – managing director at Your Castle Caretakers – said: “After years of hard work and dedication, now felt like the right time for us to sell. Oltec Group’s infrastructure, reputation and reach will, I’m sure, aid the firm’s growth and we wish them all the best.”

Rebecca McCann of Forbes Solicitors commented: “It has been a pleasure working with Li and Marcel as part of this transaction. The business will be a great addition to Oltec’s group and this deal with bring with it lots of exciting opportunities for all involved.”

 

Testimonials

Read what our clients have to say...

View All

Excellent experience start to finish – always very responsive to any queries and the turnaround on the property I was buying was very quick, even in the busy time leading up to stamp duty deadline. Jenny was always very helpful and went above and beyond to close on a short timescale.

Ben Armitage

“Very approachable, practical solutions to problems, but most of all very responsive which I personally think is very important because if you need help, you need it quickly, or at least to know someone is looking at it for you”.

Joanne Rowe, Finance Director, Greater Manchester Chamber

“Always able to contact, very approachable, friendly and professional”

Nives Feely, JAM Recruitment

“I believe I have been able to establish a professional working relationship with everyone I have come into contact. Importantly, I sense the relationships which have been established give me the confidence that I can make contact with Davis Blank Furniss at any time and on any matter. I would also like to express my thanks to the very impressive “gatekeepers” who work in reception, not only for making me very welcome, but also for their professionalism”

Bill Pryke, CEO, Chartered Institution of Civil Engineering Surveyors

“Thank you for your efficient and friendly help throughout this process. We have had it easy but your approach has been part of that”.

Robert Amsbury (Conveyancing Client)

“I would like to take this opportunity to thank you personally for the ongoing support and assistance the firm has offered to our parents over the years. I hope also that we may be able to call on you if necessary in the future.”

Valerie Fisher (Probate Client)

“Jo always provides great service, understands our needs and delivers on her promises. Our needs are relatively simple but the complexity arises out of the volume of work and short time frames, Jo always delivers.”

Peter Fernandez, Corporate Director at Royal Bank of Scotland

“A big thank you to all who dealt with my wife’s claim… We would not hesitate to recommend Davis Blank Furniss to anyone that may be in a situation like we have been…”

Anon (Personal Injury client)

“Before putting my case in Kirsty (Morbey)’s capable hands I’ve met a couple of other solicitors. None of them listen to me as intently as Kirsty and showed me as much empathy and understanding as she did. Simultaneously she was able to look at my case from legal perspective, explain all the options and follow each of our meetings with written summary of the discussed matters (in timely manner). Her advice was invaluable and led me to successfully ending the case matter (hopeful for good). I’m forever grateful for he work and would definitely recommend her to anyone looking for reliable, knowledgeable and committed solicitor”.

Anon (Family client)
5 star service

Our Manchester office is rated 5 stars on Google