RSK Group Acquires PD&MS Group from Inflexion

RSK Group Acquires Axis Well Technology Group Limited

June 20, 2023

Energy

RSK Group has acquired Axis Well Technology Group Limited from Elysian Capital I LP. Aberdeen-based Axis is the UK’s largest independent well and reservoir consultancy, generating over £24 million of turnover in the year ended January 31, 2023 and employing over 100 specialists; financial terms were not disclosed.

Inflexion Invests in DR&P Group Limited

March 1, 2021

Insurance

Inflexion has made an investment into DR&P Group Limited, a corporate insurance broker based in the north of England. The capital from Inflexion Enterprise Fund V will back the incumbent management team to accelerate organic growth and support acquisitive expansion as part of a buy-and-build strategy.

Tetra Tech Acquires RPS Group

January 24, 2023

Engineering Services

Tetra Tech, Inc. has completed its acquisition of RPS Group via a UK court-approved scheme of arrangement, with RPS shareholders’ outstanding shares now owned by Tetra Tech. The deal brings roughly 5,000 RPS employees into Tetra Tech and expands Tetra Tech’s capabilities and market positions in water, renewable energy, sustainable infrastructure, and data analytics.

RSK Group Acquires Jennings O'Donovan

August 17, 2023

Engineering Services

RSK Group has acquired Jennings O'Donovan, a multidisciplinary consulting engineering firm headquartered in Sligo, Ireland, which specialises in renewable energy, water and wastewater, planning and environmental services. The transaction adds around 100 staff to RSK's Irish operations and strengthens the group's capability in renewables, water and environmental engineering across Ireland, the UK and Eastern Europe.

Searchlight Capital Partners and Ares Management Invest £500M in RSK Group

June 17, 2024

Environmental Services

RSK Group agreed to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners and Ares Management funds. Ares also committed an incremental £300 million debt facility (bringing its total available debt facilities to £1.4 billion) to support RSK’s 2030 strategy, including organic growth and the company’s acquisition programme. The capital will be used to accelerate RSK’s expansion of environmental consulting and engineering services globally.

BMS Group Acquires David Roberts & Partners

July 29, 2024

Insurance

BMS Group has agreed to acquire David Roberts & Partners (DR&P), a leading UK insurance broker, subject to regulatory approvals. The seller is Inflexion, which backed DR&P since 2021 and helped scale the business to almost 400 employees and over £620m gross written premium; the deal expands BMS's specialty retail, wholesale (re)insurance and MGA capabilities and creates a combined business managing over £8 billion of GWP.