Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Bolton-based property technology firm acquired by multinational

Bolton-based property technology firm acquired by multinational

Fri, 04 Feb 2022 | BUSINESS SALE



Specialist professional services and technology business Davies has acquired a property technology and surveying, Building Validation Solutions Ltd (BVS) for an undisclosed amount.

Bolton-based BVS offers end-to-end property and subsidence claims validation services will now become part of the multinational company which has over 5,500 staff and offices in the UK and Ireland as well as Spain, Switzerland, Bermuda, the US, Canada and India.

Chris Brown, managing director of BVS, said: "We're delighted to be joining forces with Davies. Our shared vision of disrupting traditional claims models through investment in automation and digital transformation was an important factor for us and enables us to take a compelling combined proposition to our clients."

BVS, which has a workforce of over 70 people, has its own highly advanced IT system Metrix, a web-based claims management system. This asset is considered to be industry-leading and has also been included in the deal which will see BVS become part of Davies's claims solutions arm.

Andrew Page, the solicitor at Abacus that advised the shareholders of BVS on the deal, said: "This is a major transaction that will ensure the firm’s proprietary technology can scale up quickly across multiple geographies whilst presenting numerous career opportunities for the firm's skilled and dedicated team.

"All parties burnt the midnight oil to get this over the line and I’m delighted for the shareholders."

Abacus Solicitors concluded the sale and shareholders were also advised by IMAS Corporate Finance.

Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Established Recruitment Consultancy
London, UK

Established recruitment consultancy supplying temporary and permanent to niche sectors nationwide. The company has in-depth industry knowledge working closely with leading organisations across the UK to fill a variety of job roles from managing direc...

Asking Price: Offers Invited
Turnover: £2,934,000

IT Solution Provider
South East, UK

Long established company operating over 32 years. The company provides IT solutions for schools and businesses such as cloud services, system support and software-based IT management.

Asking Price: Offers Invited
Turnover: £3,600,000

LEASEHOLD


Distributor of Fire Extinguishers and Fire Suppression Systems
UK Wide

Achieved a YE21 turnover of £2.4m with an adjusted EBITDA of £434k. 2022 projections 10%+ increases. Provides high-quality firefighting products, including fire extinguishers and fire suppression systems with global approvals and certifications. Cate...

Asking Price: Offers Invited
Turnover: £2,400,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
27
 
May
 

Fragrances retailer Bodycare exploring potential sale amid high street decline | BUSINESS SALE

High street fragrances retailer Bodycare has reportedly enga...

 
26
 
May
 

DCJ Group targeting more acquisitions after SM Commercial takeover | BUSINESS SALE

Insurance and risk management firm DCJ Group, a part of Glob...

 
25
 
May
 

Can pre-pack administrations still play a central part in restructuring UK businesses? | BUSINESS NEWS

Despite proving a popular option when it comes to business r...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
10
 
Dec
 

Welsh haulage firm enters administration | ADMINISTRATION

Rhys Davies & Sons, one of the biggest haulage firms in Wale...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.