A multi-disciplinary practice of cost consultants, quantity surveyors and project managers, primarily serving a prestigious blue-chip client base across the UK.
The firm specialises in the retail, heritage, education, life sciences and commercial sectors, managing projects valued up to £45m, with a focus on securing repeat business through long-term framework and trading agreements.
service (92% of revenue) and school transport (8%) operator providing services under tender for public-sector organisations. Significant tangible asset holdings in vehicles, depot property and maintenance equipment, offering strong opportunities for regional expansion to logistics, transport or vehicle hire firms.
Key Aspects
- Firm of chartered surveyors and Registered Members of the RICS, ensuring adherence to high professional standards and ethical practices with extensive expertise in the retail, commercial and heritage works sectors.
- Offers a wide variety of services, including project management, quantity surveying, cost management, and contract administration.
- Benefits from long-term partnerships with private and institutional clients, with many utilising the firm's services for decades, driven by a reputation for delivering exceptional service and value.
- Cultivated a prestigious client base that includes prominent organisations, supported by long-term framework agreements.
- Skilled team of professionals with extensive industry knowledge and technical expertise, enhancing its capability to manage complex projects.
- Sellers are seeking offers in excess of £1.4m for a 100% sale. They are committed to providing a seamless handover period to ensure a smooth transition to new ownership.
Key Opportunities
- Significant potential to penetrate the London market, leveraging lower operational overheads compared to competitors to attract new clients.
- By bringing building surveying in-house, the firm can enhance its service offerings, creating additional revenue streams and increasing client value.
- Dig deeper into current client projects and expand services within existing sectors (retail, education, historic properties) to increase market share.
- Implementing targeted marketing initiatives can enhance brand visibility, attract new clients, and capitalise on its strengths its core service areas.
- Expand the project management and building surveying offered.
- Scope to incorporate the business into another design team discipline, establishing a multi-disciplinary practice.
Potential Purchasers
- Construction consultancies providing cost management, project management and risk assessments and claims management, particularly those active in retail.
- Multi-disciplined practices covering quantity surveying, cost and procurement advisory and project management services.
- Other consultants such as architects, civil engineering consultants, structural design, etc.
- Private equity houses and venture capitalists in the above sectors.
Turnover - c£1.3m
Adj. EBITDA - c£230k
