WestBridge Acquires Majority Stake in Survey Solutions

RJD Partners Backs Management Buyout of Survey Solutions

June 19, 2019

Engineering Services

RJD Partners has invested in a management buyout and equity release of Land Survey Solutions (Holdings) Limited (trading as Survey Solutions), taking a significant stake and partnering with founder James Cooper and the management team. The investment positions Survey Solutions — a UK land, measured building and underground surveying business headquartered in Ipswich — as a platform for continued organic growth and acquisitive expansion across housing, commercial and infrastructure markets.

Survey Solutions Acquires Survey Systems and Kempston Surveys

February 18, 2021

Engineering Services

Survey Solutions, an RJD Partners-backed UK engineering and topographical surveyor headquartered in Ipswich, has acquired Survey Systems (Manchester) and Kempston Surveys (Bedfordshire) to expand its geographic coverage and service offering. The deals add over 48 employees (over 40 from Survey Systems and eight from Kempston), increase Survey Solutions' headcount to around 160 and bring the business to nine offices nationwide.

WestBridge Acquires Majority Stake in Alpine Fire Engineers

December 21, 2022

Industrial Services

UK private equity firm WestBridge has completed a secondary buyout of Alpine Fire Engineers Ltd, investing £18.7m to take a majority stake and providing an exit for Soho Square Capital. Alpine, founded in 1992 and headquartered in Greater Manchester, designs, installs and maintains fixed mechanical fire suppression systems across multiple industries and generated c. £38m revenue in the year to 31 March 2022.

WestBridge and Eque2 Management Acquire Eque2 from LDC for £46.5m

December 14, 2020

Cloud & SaaS

WestBridge has backed Eque2’s senior management team in a £46.5m management buyout that provides an exit for LDC and other institutional shareholders. Funds managed by WestBridge invested approximately £29m for a c.75% stake; management (led by CEO Justin Moule and COO Peter Davidson) will continue to run and grow the UK-based construction software business serving over 2,700 customers.

Westbridge Capital Ltd. Acquires sliBuy Inc.

June 3, 2022

E-Commerce

Westbridge Capital Ltd. has completed the acquisition of sliBuy Inc., a Shorewood, Illinois-based no-reserve online auction marketplace that purchases and resells store-level inventory from major US retailers. Founder Michael Ringelsten will remain as a shareholder and director, and Steve Fitzgerald has been appointed CEO; Westbridge says it will provide financial and operational support to accelerate growth and diversify its portfolio.

Pivotree Acquires Bridge Solutions Group

August 26, 2021

IT Services

Pivotree Inc. entered into a definitive agreement to acquire Bridge Solutions Group Corp., a supply-chain service provider specializing in order management, warehouse management (Yantra WMS/IMS/Control Tower) and application integration. The total purchase consideration is USD$6.0 million (USD$5.0 million cash plus 194,459 common shares) with potential earn-outs tied to gross profit growth; the deal expands Pivotree's end-to-end frictionless commerce and supply chain capabilities.