Fri, 29 May 2026 | BUSINESS SALE
Acquisitive building maintenance firm Cardo Group has expanded with the acquisition of a South Wales-based specialist electrical and solar installation and maintenance business. The acquisition of EFS Systems (UK) Limited is the group’s 14th deal in the last three years.
Founded in 2003, Merthyr Tydfil-based EFS provides comprehensive electrical and engineering services, ranging from feasibility and design to installation and project completion, to clients in the commercial, renewable and industrial sectors.
Post-acquisition, the company will continue to operate under its existing leadership team, while benefitting from access to the broader Cardo platform, as well as enhanced resources and strategic direction.
Through the acquisition, Cardo further strengthens its self-delivery capabilities, while simultaneously expanding its presence in Wales and the wider UK, reflecting the group’s strategy of acquiring firms that enhance its client offering across the UK.
Cardo Group CEO Liam Bevan said that EFS’s “track record of high-quality, people-focused services aligns closely with how we approach our work”, adding that the two companies had been “trusted partners” for more than 10 years, working closely on several projects for a range of clients.
Bevan continued: “This acquisition strengthens our ability to deliver integrated services for our clients, while continuing to grow our presence in key regions. Just as importantly, it brings in a team with the right values and expertise to support our long-term ambitions.”
EFS Systems (UK) Limited Managing Director Robert Hadley said: “Since 2003, we've built a solid reputation for consistent delivery and a hands-on, responsive approach. We focus on providing clients with quality service and results they can rely on in every project we take on.”
“Being part of Cardo allows us to build on that foundation, with access to greater scale, support and opportunities, while continuing to deliver the high standards our clients expect.”
Cardo Group was founded in 2012 and has rapidly expanded its portfolio with a string of strategic M&A deals. The group is currently projected to generate turnover of £400 million in the 2027 financial period.
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