RJD completes management buyout of Survey Solutions19 June 2019
RJD Partners (“RJD”) has invested in the management buyout and equity release of Land Survey Solutions (Holdings) Limited (“Survey Solutions”), a leading provider of land and measured building surveys to clients across the UK.
This is the fifth investment from RJD’s third buyout fund, and continues RJD’s successful investment track record in the specialist services sector.
Survey Solutions is a land, measured building and underground surveying business, delivering projects nationwide for a diverse customer base across a variety of sectors including housing development, commercial building, and infrastructure amongst others. Headquartered in Ipswich, the business has additional offices in Norwich, Brentwood, Nottingham, Coventry, Yeovil and Glasgow.
RJD has taken a significant stake in the business and has invested alongside Survey Solutions’ management team, led by founder, James Cooper. Cooper has overseen the group’s organic and acquisitive led growth strategy since carving the business out of the TA Millard group as part of an MBO in 2004. He is supported by his Regional Directors and co-shareholders David Bredin, Richard Glenn, Greg Norman and Paul Singleton.
RJD will work alongside the ambitious management team to continue to grow the business organically, and via acquisition.
The investment in Survey Solutions builds on RJD’s track record in niche services businesses, following successful investments such as Babington, Ipes and Teaching Personnel.
The RJD team on this investment comprised Richard Caston and Emily Henderson. Richard Caston will be joining the board of Survey Solutions.