RGA Consulting merge with GVA to form GVA RGA
On 31st January 2012 GVA completed the acquisition of RGA Consulting. This latest purchase will further open up GVA’s geographical reach into the Scottish leisure market.
The acquisition will allow GVA to effectively tap into the growing demand for market-led leisure business consultancy, with a particular focus on hotels in the UK and the wider leisure sector.
Rob Bould, Chief Executive of GVA, comments:
“We’re delighted to confirm our acquisition of RGA. This strategic purchase expands on the commitments we set out when we acquired Humberts Leisure in May. Our aspiration for further expansion remains, particularly in areas of the market where we continue to gain market share.
“This is a first class purchase. RGA is a highly robust business, it projects healthy turnover and profit margins and it is a leader in the UK hospitality sector. Once again this builds on the hard work and determination of our existing leisure team to gain market share via strategic acquisitions and take outs.
“This niche sector of leisure requires a highly specialised skills set and it is equally important we offer our clients that same expertise but with local people who know the local market.”
Max Gaunt, Managing Director of RGA Consulting comments:
“We're delighted with the terms we have agreed with GVA. I believe RGA’s existing expertise, particularly in the hospitality sector, will add great value to GVA’s market leading offer. Equally, GVA’s multidisciplinary service will complement the needs of our existing clients. This marriage provides us with the strongest possible platform from which to gain further traction within our market place.”
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