Conall Reddin, right, is the majority shareholder of Drumacross and is a native of Inishowen
A Donegal man was behind a major acquisition played in the United Kingdom, with a company named after his homeplace.
Conall Reddin is the majority shareholder of Drumacross and is a native of Inishowen. Having grown up in the townland of Drumacross, Burnfoot, he attended Muff Primary School and Crana College in Buncrana before departing for the UK to study Quantity Surveying in Liverpool.
READ NEXT: Bolt launches Donegal taxi service as part of 21-county rollout
When forming his business, the name of his homeplace and the Donegal county colours were the only options for him.
Drumacross, which is based in St Albans and Manchester, completed the acquisition of Stratford-upon-Avon's Croftstone Management in a non-cash transaction.
The combined business will operate under the Drumacross name moving forward.
Reddin commented: “Joining forces with Croftstone creates a stronger platform for our business, our people and our customers. There is a clear strategic and cultural fit between the two infrastructure consultancies, and we see significant opportunities to grow and innovate as part of a larger group. I look forward to working closely with Tony and the Croftstone team to realise the full potential of this merger.”
Business advisory firm Quantuma has advised engineering consultancies Croftstone Management Limited and Drumacross Limited on their merger to create a larger, better-capitalised group with enhanced capabilities to support clients and drive growth.
The combined business will operate under the Drumacross name moving forward.
The transaction brings together the two complementary consultancies as a single infrastructure consultancy group with a shared commitment to excellence across quantity surveying, commercial management, and project management. This will enable Croftstone and Drumacross to leverage the technical expertise, sector knowledge and client relationships of both organisations.
Quantuma’s team acted as lead financial adviser to the parties, enabling the combined business to invest further in its people, systems and service offering while delivering high-quality infrastructure advisory solutions.
The parties will now focus on integrating the businesses and ensuring a smooth transition for employees, customers and suppliers.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.