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29/04/2016

Stroma Acquires BBS And Approved Design

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Stroma Group Ltd has completed the acquisition of two established Building Control service providers, BBS Building Control Ltd ("BBS") and Approved Design Consultancy Limited ("Approved Design"). Following the previous acquisition of Greendoor Building Control & Specialist Services Limited ("Greendoor"), the three businesses will become one of the largest independent Approved Inspectors in the UK, part of the Stroma Compliance division.

BBS, Approved Design and Greendoor employ a multi-skilled and experienced staff who provide Approved Inspector services with a national coverage. The combined expertise, reputation and legacy of all three businesses will form an extensive Building Control Division within the Stroma Group. The acquisitions are the latest to be completed following the management buyout of the Stroma Group in 2014. LDC (the investment division of Lloyds Banking Group) supported the management buyout and is committed to helping the management team develop a market leading organisation in the Building Control sector.

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BBS, Approved Design and Greendoor have more than 40 years Corporate Approved Inspector experience within the Building Control sector and each is approved by the Construction Industry Council (CIC). The three businesses have a combined expertise and geographical reach which offer a multitude of benefits to both Stroma customers and existing and potential clients of the Approved Inspectors. By expanding their Building Control division, Stroma can now improve the range of services offered to clients backed by increased strength in breadth of expertise. Stroma Group prides itself on delivering excellence and customer value throughout its services.

Stroma is a leading authority on building, sustainability and compliance. Based in Yorkshire, the Group has a turnover in excess of £26M and employs more than 350 staff. Stroma works across the built environment specialising in the certification, compliance and energy sectors. In addition, through Stroma Software, the company provides unique, innovative software solutions for mobile workers. A dedicated in-house software development team provides flexible solutions which both complement Stroma's existing expertise and drive expansion into new markets.

Matthew Ferguson, co-founder of Stroma and CEO of the Stroma Group, said: "I am delighted to announce these new additions to the Stroma Group and I welcome the experience that the staff of BBS and Approved Design are bringing into the Group. As the three businesses become one of the largest groups of independent Approved Inspectors in the country, our customers can call on an expansive service catalogue and an exciting, dynamic new division in the Building Control sector. Alongside Greendoor, the acquisitions of BBS and Approved Design will place Stroma at the forefront of Building Control service provision for many years to come."

For more information, visit www.stroma.com

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