12th December 2017
RSK Group, a Permira Credit Solutions II (“PCS2”) and Permira Credit Solutions III (“PCS3”) portfolio company, has made two add-on acquisitions: acoustics and vibration consultancy Cole Jarman, and site investigations consultancy Ian Farmer Associates.
The acquisitions represent the third time that the PCS funds have supported RSK’s continued expansion as part of its buy-and-build strategy.
Following the acquisitions, RSK's footprint has expanded to make it one of the largest environmental consultancies in the UK, with almost 2,000 staff worldwide and revenues of more than £100 million.
Dr Alan Ryder, founder and CEO of RSK Group, said: "Ian Farmer Associates has extremely experienced and skilled professionals who share our common values. These shared values will see both organisations strengthened and consequently many competitive advantages made available to our customers.”
"Cole Jarman has a world-class reputation for essential work on many high-profile projects. RSK and Cole Jarman believe playing an integral part in the delivery of the highest-quality buildings from the planning stage onwards will enhance our environments and economies.”
Dan Hatcher, Investment Director at Permira Debt Managers, said: "RSK's expansion and growing portfolio of expertise shows a bright future for the group. The funding package also demonstrates PDM’s commitment to support successful UK companies in achieving their strategic ambitions."