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RLF, a historic building consultancy with a strong presence in Scotland, was acquired by a Washington DC-based company.

MGAC, a cost management consultancy, announced the acquisition of real estate and construction consultants for an undisclosed cash purchase.

The transaction will bring the company’s combined sales to £ 55 million and create a well-positioned global player in project management and expense management with over 270 employees in 10 offices on two continents and includes RLF’s Scotland office in St Vincent Square in Glasgow .

The acquisition will retain the existing workforce and RLF’s 136-year legacy. The current managing partner of RLF, David Thomson, has announced his resignation, with Sean Clemons, managing partner of RLF, being unanimously chosen as his successor by the existing RLF partners.

With the takeover, Mr. Clemons will take on the role of Managing Director in the UK.

All RLF partners will remain in office as directors, with Chris Barker, Andy Dedman and Dorothy Robertson becoming executive directors overseeing the Midlands, London and the South East and Scotland respectively.

RLF was founded in 1885 and employs 100 people in four UK offices in Glasgow, London, Birmingham and Brighton.

The core services of RLF include cost management, project management, construction management, occupational safety and building surveying.

Founded in 1996, MGAC is privately held, employs over 170 people and is headquartered in Washington, DC with additional offices in New York, Los Angeles, San Francisco, Seattle and Toronto.

Ms. Robertson, RLF Executive Director, Scotland, said: “The announcement is a real milestone for RLF in Scotland. We have worked hard to establish ourselves as one of the most trusted and respected construction consultancies in the country.

“Construction is an important part of a dynamic and diverse Scottish economy and RLF is privileged to be involved in some of the most innovative and groundbreaking projects in the country.”

Mark Anderson, President and Founder of MGAC, said, “We believe that by combining tools and resources, we can bring aviation fuel into the UK business in the form of investment and energy to provide more opportunity and better service to our professionals around the world do our customers. ”

Mr. Clemons said, “I would like to thank David Thomson for his excellent leadership over the past 10 years. David has strengthened our business in many ways and positioned us for the future. Today is an incredibly exciting day for RLF and we very much look forward to working with our new MGAC colleagues in North America as we move forward and thrive. The additional investments, resources, experience and infrastructure will improve our offering for our customers and expand our industry expertise. ”

Calnex shakes off global semiconductor worries

Calnex Solutions has raised its full year profit guidance in light of continued “strong” demand for its telecommunications test equipment.

In a trading update for the six months to the end of September, the Linlithgow-based company said that trading levels are expected to be robust in the second half of the year.

The perfect storm could be brewing as labor market forecasts remain precarious

These latest employment numbers from the National Statistics Office (ONS) are the first since the government’s employment program ended on September 30, but the data only lasts until the end of August so we cannot yet see the full effects of the end of the vacation. Interesting are the emerging signs of what lies ahead.

In Scotland, unemployment was 4.4 percent in the three months to the end of August, an increase of 0.1 percentage points. In September, only London and Scotland had fewer wage earners than before the pandemic started; London is the furthest behind its pre-pandemic levels, but saw the largest increase from the previous month.

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