Cardo Group has been formed to support social housing providers with their maintenance, compliance, retrofit and decarbonisation needs.
Cardo Group will acquire several businesses across the UK to deliver these services. LCB Group becomes Cardo Group’s first acquisition as part of its strategy to develop a national footprint. LCB is a building maintenance provider offering repair, maintenance and retrofit services to the social housing sector. A long-established market leader in Wales, LCB has extended its operations into England, with offices in Bristol, Exeter and the Home Counties.
LCB Group Managing Director, Liam Bevan, will become CEO of the newly formed Cardo Group and Maintenance Director, Rhydian James, will remain key to LCB’s operational delivery. They are joined by industry veteran, Jane Nelson, and underpinned by new investment from Buckthorn Partners to deliver the Group’s growth strategy. Bevan and James are also shareholders in Cardo Group.
Cardo Group CEO, Liam Bevan, said: “We are developing a national offering that continues to put our clients, residents and employees first. We will be looking for companies with a similar ethos to join us and are in discussions with several businesses across the UK. I look forward to leading the platform and developing a high-quality and reliable social housing retrofit and maintenance offering across the UK.”
Cardo Group Strategy Director, Jane Nelson, commented: “Delivering clients’ decarbonisation programmes will take a higher profile going forward, alongside their ongoing building maintenance and compliance work. I’m delighted to be working alongside Liam in the newly formed Cardo Group. I am confident that we can build a family of businesses to help solve the retrofit challenges that the social housing sector faces.”
Buckthorn Partners Managing Partner, Mark Chaichian, added: “We are delighted to announce our joint investment with Liam Bevan into Cardo Group and its first acquisition, LCB Group. LCB Group is a highly respected provider of social housing maintenance and retrofit services. Under our joint ownership, we look forward to developing the group’s decarbonisation capabilities and strengthening the platform through our exciting pipeline of acquisition opportunities.”
