MHA central to acquisition of Walker Sime

By Stephen Emerson

16 August 2022

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The MHA Corporate Finance Team lead the tax and financial due diligence ahead of the acquisition of Walker Sime by US firm, Otak.

Thames Valley based accountants, MHA MacIntyre Hudson completed the due diligence necessary for Walker Sime's new partnerships with US based Otak and London's K2

Walker Sime are now partnered with two HanmiGlobal (HG) group of companies members.

HanmiGlobal’s investment in Walker Sime will enable growth and advance Walker Sime’s strategic UK growth goals.

Established in 1999 by Dez Walker and Jon Sime, Walker Sime works across public and private sectors on projects ranging from large scale infrastructure commissions to landmark regeneration schemes. The firm's services include Quantity Surveying, Project Management, Employer’s Agent, Commercial Consultancy, Dispute Resolution, Bills of Quantities and Construction Design and Management in virtually every sector.

HanmiGlobal is the ninth largest global project management and construction management firm, as ranked by Engineering News Record.

Otak manages investment relationships for HG across North America, the UK and Europe.

The MHA MacIntyre Hudson Corporate Finance team led by Corporate Finance Partner, Justin Moss, alongside Corporate Tax Partner, Gareth Peters delivered both financial and tax due diligence services to help facilitate the smooth transaction.

Justin Moss said of the deal; "This is a great acquisition led by Otak and continues HG’s development into the UK market. We are delighted to have advised Otak in this transaction and are sure that the partnership of Otak and Walker Sime will flourish over the coming years. We look forward to working with Otak again in the future."

By Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.