Parco Civil Engineering & Groundworks and Parco EV Solutions

Ipsum Group, a specialist engineering solutions provider, has announced its acquisition of Parco Civil Engineering & Groundworks and its sister company Parco EV Solutions, marking its third acquisition through KBS Corporate in 16 months.

Summary of transaction details:

• Value: Not Disclosed
• Sector: EV Charging Solutions, Civil Engineering, Infrastructure
• Advisor: KBS Corporate
• Key Entities: Acquirer: Ipsum Group, Target: Parco Civil Engineering & Groundworks and Parco EV Solutions
• Location: Parco (Fareham, Hampshire), Ipsum Group (Chorley-based)

Note: This strategic acquisition enhances Ipsum Group's existing EV offering, allowing for a comprehensive, in-house turnkey solution that spans design, civil engineering, installation, and maintenance. The collaboration is set to accelerate innovation and expand capabilities in the evolving energy transition and infrastructure sectors.