LAVA Advisory Partners is proud to announce the successful sale of Survey Solutions, a leader in UK engineering surveying, to WestBridge, an award-winning private equity house known for nurturing the growth of ambitious UK companies.
Established in 1997 by James Cooper, Survey Solutions has evolved into a prominent engineering surveying firm in the UK, expanding significantly through strategic initiatives and acquisitions. Recognising this growth potential, RJD Partners, a private equity firm, invested in Survey Solutions in 2019, supporting the business through new management and additional funding for M&A and business improvements. Earlier in 2023, RJD Partners appointed LAVA Advisory Partners to manage an exit strategy for RJD Partners, founder James Cooper, and other shareholders.
LAVA, leveraging their technical expertise, skilfully navigated the multifaceted landscape of the sale. By identifying potential bolt-on opportunities, the team underlined the company's prospects for growth, attracting considerable interest from potential buyers. LAVA's approach to the scoping and management of the Commercial Vendor Due Diligence process was strategic and flexible, which, when combined with LAVA's in-depth understanding of the TICC (Testing, Inspection, Compliance and Certification) industry, resulted in a deal with WestBridge that perfectly matched the company and sellers' needs.
WestBridge, a private equity house renowned for driving exceptional growth, has an established track record in buy-and-build initiatives with their portfolio, making them an ideal new partner for Survey Solutions. The deal itself successfully satisfied all stakeholder objectives, delivering significant value to the exiting shareholders while aligning with the management's vision for the business's continued expansion.
This latest transaction by LAVA underscores their adaptability and commitment to delivering exceptional results, whether working directly with founders and shareholders or, as in this case, achieving an outstanding outcome for a private equity partner. Their flexible approach to each unique M&A scenario, coupled with their signature style of building meaningful relationships, ensures a smooth and stress-free process, achieving the best possible outcome in every engagement.
To discover how LAVA Advisory Partners can assist with your specific M&A needs through a tailored, client-centric approach, contact our team for a confidential consultation. Get in touch today.