The Carling Group announces joint venture with US Engineering investment group Elev8 Holdings

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The Carling Group announces joint venture with US Engineering investment group Elev8 Holdings


International family investments office, led by Graeme and Leanne Carling, today shook hands on an exciting new collaborative partnership with Florida-based organisation, Elev8 Holdings, with founder, Graeme Carling unveiled as new Group Chairman.

Elev8 Holdings is an investment company with assets in the Civil, Structural and Architectural Engineering industry across the US. The business is currently acquiring companies operating in the sector.

International family investments office, The Carling Group, which was founded by British entrepreneurs Graeme and Leanne Carling, specialises in consolidating fragmented markets in key industries around the World.

Speaking of the new partnership, Carling Group CEO and newly appointed Elev8 Holdings Chairman Graeme Carling commented; “The Carling Group is a partnership business. We connect with industry experts, who leverage our profile and M&A expertise and reputation, to consolidate fragmented markets. I am delighted to take on the role of Chairman to support the Elev8 team and anticipate the next 12-months will be an exciting time for the group.”

Elev8 Holding’s Chris Cook added; “The Carling Group bring vast experience and expertise to the team and we are excited to welcome Graeme, Leanne and their team into the Elev8 family. We expect to see quick progress made on all fronts, and look forward to announcing more positive news soon. We are already engaged with a number of prospective acquisitions, and welcome contact directly from any business owners working in the Civil, Structural and Architectural Engineering sectors.”

The Carling Group business, United Capital, completes sale of Saltire Facilities Management to global HVAC leader Daikin Industries

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United Capital, part of the global private family office The Carling Group, has announced the successful sale of Saltire Facilities Management Ltd to Daikin Industries Ltd, the world’s largest manufacturer of HVAC solutions.

The transaction concludes United Capital Group’s five-year ownership of Saltire, which has seen the business achieve the most commercially successful period in its 25-year history, securing over £220 million of public sector contracts in the past 12 months alone.

Saltire Facilities Management, one of the UK’s largest providers of property services, specialises in renewables, gas services and electrical works, and operates across Scotland and the Midlands. England. Headquartered in North Lanarkshire, the company employs around 300 people and supports an array of subcontractors and thousands of customers.

Headquartered in Osaka, Japan, and employing more than 100,000 people worldwide, Daikin Industries is a global leader in heat pump, air conditioning and air filtration technology. The company operates globally, with a significant European presence through Daikin Europe NV, which includes Daikin UK. Saltire Facilities Management will now form part of Daikin UK’s operations.

The sale by United Capital Group, part of The Carling Group, a private family office owned by Scottish entrepreneurs Graeme and Leanne Carling, follows Saltire’s recent 25th anniversary and represents a significant milestone in its journey, opening up future opportunities through the backing of one of the world’s most respected and innovative engineering brands.

Graeme Carling, Chairman of The Carling Group and co-founder of United Capital Group, said: “We’re incredibly proud to conclude our five-year ownership of Saltire with this transformational deal. The business was already a trusted name in housing and property services, but through targeted investment and strategic support, we helped unlock its potential, leading to the most successful period in its 25-year history.

“Securing over £220 million in new public sector contracts and achieving record growth has not only safeguarded hundreds of jobs, it also has made Saltire an attractive proposition for the world’s biggest name in HVAC.

“Bringing investment from Daikin Industries into the Scottish economy secures Saltire’s future and creates exciting opportunities for the region. This is the United Capital model in action, identifying great businesses and building them into globally attractive enterprises.”

The Carling Group announces joint venture with US Engineering investment group Elev8 Holdings

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The Carling Group announces joint venture with US Engineering investment group Elev8 Holdings

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