PKF Smith Cooper has advised on the acquisition of Dainton Group Services Ltd by Quick Self Storage Holdings Ltd.
Quick Self Storage is a Midlands-based self-storage company, which has acquired the Darlington site and operations of Dainton Group Services, an operator with 17 self-storage sites across the South-West and North-East.
Darren Hodson, Tom Joy, and Joshua Gurton of PKF Smith Cooper provided lead advisory support to Quick Self Storage, with Gary Devonshire providing support on tax structuring.
The firm supported Quick Self Storage in “defining the acquisition strategy, identifying key targets, unlocking deal opportunities, and project managing the transaction through to completion”.
Tom Joy, assistant manager at PKF Smith Cooper, said: “We are thrilled to have advised Quick Self Storage alongside Pennington Manches Cooper, on its landmark first acquisition of established self-storage operators.
“We were able to leverage our knowledge of the sector to identify and unlock a number of strategic acquisition targets and will continue to support the business on further acquisitions as Quick Self Storage continues to expand its footprint across the UK.”
He added: “As the first of what is intended to be many acquisitions of this nature, it’s clear that the uniquely modern Quick Self Storage has an exciting future ahead, expanding across the UK and welcoming the storage sector into the increasingly-digitised 21st Century.”