Imagile Professional Services Limited (IPSL) is pleased to announce the acquisition of specialist compliance and risk management consultancy, Capitec.
This transaction saw the shareholders of Capitec sell their shares to IPSL and officially completed on Friday 29 January. This new relationship will see Capitec’s unique understanding of PFI and PPP particularly within the UK’s healthcare sector strengthen the existing range of services provided by the IPSL team.
Luke Body, Managing Director of IPSL, now joins a newly formed Capitec board, working alongside its existing management team.
He said: “This acquisition represents another step in the development of specialist PPP resources at IPSL and it is something our entire team as well as our wider group are very excited about.
“Capitec has carved out a strong reputation for providing much-needed specialist technical support and unique compliance services across PFI/PPP, from healthcare environments through wide-ranging projects across the infrastructure sector.
The Capitec team’s expertise complements many of our key services at IPSL and will go hand-in-hand with our continued focus on evolving to support assurance and risk management through statutory and mandatory compliance and delivering value for money.”
Mick James, a Director of IPSL and currently the Head of Safety, Health and Environmental at Imagile Group, also joins the new Capitec board.
He said: “I am delighted to be joining the Capitec board, to be part of a new era for Capitec and becoming stronger in the market. By working together with the existing team to tackle this new challenge head-on we will build upon the company’s already strong reputation and brand, so this is an exciting time and one that represents real opportunity.”
Robert McNamara at Capitec, added: “This deal represents a huge milestone in the history of Capitec and I’m incredibly proud of what our team has achieved in recent years.
“IPSL is a consultancy we have the utmost respect for and we’re very much looking forward to integrating our experience and knowledge with their capabilities and culture.
“This is the start of an exciting new chapter and together, I believe we can offer a very compelling range of compliance-based solutions that cover the technical, operational and financial dimensions of every project to achieve better outcomes whilst achieving best value.”
Since IPSL was established in 2017, the company has gone from strength to strength ever since, hitting several major company milestones, including creating one of the UK’s first ever Handback panels to steer the handback of the first wave of PFI projects across the group’s portfolio. Everyone at IPSL looks forward to welcoming Capitec into the business.
