Support services group Marlowe PLC purchased William Martin Compliance Solutions Ltd. and Ivor Roy Ltd. for an implied total enterprise value of £30.0 million.

William Martin is a technology-enabled U.K. provider of property-related health and safety audit and consultancy services.

The deal is expected to be at least 10% earnings enhancing in the first year of ownership.

Marlowe also plans to raise £7 million in gross proceeds, conditional on the acquisition, through Cenkos Securities PLC at an issue price of 410 pence per share.