Altair’s parent company, Aquila Services Group, has today announced that it has purchased Oaks Consultancy Limited.
Co-founded by Mark Walker and Adam Walker in 2008, Oaks has a unique market position and established track record in sport consultancy, and in the last few years has grown its core markets to include education, the wider third sector, local authorities, membership organisations, and socially-minded private sector organisations.
Oaks’ services centre around three core areas of strategy, business planning and income generation and cover business development components such as:
- Organisational strategy
- Income diversification and growth
- Fundraising and business development support
- Governance review and advice
- Sustainability planning
- Monitoring and evaluation
- Training and mentoring
The close-knit team of 18 at Oaks deliver reliable and flexible services in a tailored and personal way. They are based in Birmingham city centre and work across the UK, with plans to grow internationally in the next 3 years.
This acquisition provides strong opportunities for collaboration across the subsidiaries of Aquila Services Group: Altair, ATFS, and the Aquila investments in IT consultancy 3C, and Fintech platform AssetCore.
Steve Douglas Group Chief Executive of Aquila and a founding Partner of Altair commented:
‘The acquisition sees Aquila Services Group diversify our offering to help us fulfil our vision of making a real difference to communities, housing, regeneration and people’s lives in the UK and beyond. We are delighted that the experienced team from Oaks Consultancy have chosen to become a part of the group and lead our work in sport and education, and look forward to further growth in this space, to build on our track record in supporting organisations to grow, change and be resilient.’
Mark Walker and Adam Walker from Oaks Consultancy Ltd, commented:
“Oaks has grown rapidly in recent years and our team has never been stronger, working with some of the most high-profile and exciting sporting institutions and breaking into education with an offer we firmly believe is unique in the sector. Joining Aquila Services Group now is a great opportunity to grow and build on our successes to date with a partner that shares our culture, skills and vision, and our commitment to continue delivering fantastic results for our clients. We are excited about the potential growth of Oaks within the group and are looking forward to exploring new opportunities in the housing and regeneration sector”.
Details of the Acquisition
Oaks will be retained as a distinct legal entity within the Group structure. This will provide Aquila with a specific focus on the education and sport sectors. This will also maintain Oaks’ existing business model and management arrangements.
Changes to Group Structure
Following the acquisition, the Group will have capacity to support a wider portfolio of clients, with a broader range of services. The Board of Aquila continues to seek out and evaluate further complementary acquisition opportunities and with this objective in mind is restructuring its governance to make Steve Douglas, Group Chief Executive, with Fiona Underwood, taking responsibility as CEO of Altair.
For further information please visit www.aquilaservicesgroup.co.uk or contact:
Steve Douglas CBE
Group Chief Executive
Tel: 020 7934 0175
Oaks Consultancy Ltd
Tel: 0121 709 5577
For more information, click here for the RNS.