The CP Deals team has provided corporate finance and tax advice to the management team of Land Survey Solutions Limited (t/a Survey Solutions), a leading provider of engineering surveying and monitoring services to a range of sectors across the UK.
The transaction provides an exit for RJD Partners and the founder James Cooper, and sees WestBridge invest £14.2 million to take a majority stake in the business.
First formed in 1997, Survey Solutions has experienced impressive growth to become a national company with 14 regional offices and 160 full time employees, most of whom are specialist surveyors. The business has also expanded its service offering to clients, adding capabilities such as drone surveying and hydrographics.
The secondary buyout was led by David Lowe, who joined the company as CEO in 2022, along with the senior management team who have all been instrumental in driving growth over the last few years, both organically and through acquisition.
Niall Chantrill, Corporate Finance Partner, CP Deals, commented:
“The deal represents another great example of our capability to provide integrated corporate finance and tax advice to management teams participating in a private equity-led transaction.
We wish the team all the very best with their future growth plans.”
Sara Thompson, Transaction Tax Director, CP Deals, added:
“It was very exciting to work with our Corporate Finance team in providing support to David Lowe and the Management team. We’re delighted to play a key part in the next step of their journey and wish them every success going forward.”