Ridge on acquisition trail after £40m investment

Grant Prior 1 year ago
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Consultant Ridge and Partners is planning to expand following a £40m cash injection from private equity investor Horizon Capital.

Ridge’s said its multi-disciplinary offering to clients across architecture, building services, engineering, planning, surveying, sustainability and transport, will be expanded by investing in talent across its core disciplines as well as through new acquisitions.

The consultant has recently grown from 577 people and £61m turnover in 2020 to 1,000 people and a forecast £105m in 2023 across its 12 UK offices.

Strategic acquisitions in the last three years have included Scott Hughes Design and Projex.

New acquisitions will complement Ridge’s existing practices with a focus on sectors including the digital revolution, the net zero carbon and social impact agendas and changing ways of living, working and learning.

Ridge senior partner, Adrian O’Hickey, said: “This is a transformational deal for Ridge – a catalyst for some of the most ambitious changes in our strategy.

“We’ve already been successful in turning up the dial on this business, introducing new initiatives and developing our people. We want to continue that progress, with the benefit of new investment, while maintaining our core values of quality, collaboration and agility all the way.

“Progressive growth is crucial for us and that means creating better and more sustainable places while offering cutting edge services for our clients and career opportunities for our colleagues.

“Horizon Capital’s focus on professional services and technology makes them a strong fit for Ridge and protects the personal culture of our 75-year-old business.

“Horizon understands the personal touch that distinguishes the Ridge culture and our willingness to exploit the latest technology to work more efficiently and more accurately.”

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