Cardo Group has acquired Correct Contract Services (CCS), an Andover-based contractor delivering low-carbon heating, electrical compliance and retrofit services to more than 50,000 properties, expanding Cardo's energy services capability at a moment when social housing providers face mounting pressure to decarbonise heating across their stock. The deal adds more than 280 staff and contracts worth over £40 million a year to Cardo's portfolio, expanding its presence across South and Central England; the value of the acquisition was not disclosed.

Cardo Group is a UK building maintenance and retrofit services provider for social housing and public sector buildings, employing more than 1,600 operatives across England and South Wales.

Correct Contract Services (CCS) is an Andover-based compliance and energy services contractor founded in 2007, providing electrical, heating, retrofit and PAS 2035 low-carbon compliance work to local authorities and social housing landlords.

CCS was founded by former gas engineers Danny Gladwyn and Trevor Dempsey, who died earlier this month. Managing director Danny Gladwyn said the acquisition "reflects the hard work, commitment and contribution of the entire CCS team, who have played such an important role in building the business into what it is today." Cardo Group chief executive Liam Bevan said the deal supports the group's ambition "to deliver safer and more energy-efficient homes for communities."

A Knights team, led by corporate partner Emma Borrington, advised Cardo Group on the acquisition.

The acquisition sits within a wider wave of consolidation in UK building compliance and energy services, with shifting building safety and net zero regulation driving a surge of dealmaking across the facilities management sector, as buyers seek scale to meet tightening PAS 2035 retrofit standards and social housing decarbonisation targets.

Cardo's own growth trajectory reflects that pattern: this is the group's second acquisition in quick succession following its purchase of R. Lewis & Co, part of a stated ambition to reach £400 million in group turnover.

For the sector, this deal underscores that compliance-driven consolidation, not generation or grid infrastructure, is where much of the near-term M&A activity in domestic energy efficiency is concentrated, as larger groups absorb specialist contractors to meet scale requirements set by public sector clients.

Source: Business Sale Report