Classic Lifts (Scotland)

Complii, a rapidly expanding building safety and regulatory compliance services group, has acquired Classic Lifts (Scotland). This acquisition is a strategic move to escalate Complii's buy-and-build strategy, adding a new service line dedicated to lifts and escalators to its existing portfolio.

Summary of transaction details:

• Value: Not disclosed
• Sector: Business Services
• Advisor: Not mentioned
• Key Entities: Complii (Acquirer), Classic Lifts (Scotland) (Target)
• Location: Glasgow, Scotland

Note: This acquisition represents Complii's 20th since 2019, highlighting its aggressive growth strategy aimed at creating a comprehensive suite of compliance services. The integration of Classic Lifts will allow Complii to offer broader building safety solutions, enhancing its market position in regulatory compliance.