Inflexion carves out interest in UK Engineeering Inspection & Consultancy division of RSA PLC
Inflexion has announced that it completed the carve-out of the Engineering Inspection & Consultancy division of RSA Plc. The new company will trade as British Engineering Services in the UK and Irish Engineering Services in the Republic of Ireland.
From its headquarters in Manchester, British Engineering Services delivers premium quality engineering testing, inspection and consultancy services throughout the UK and the Republic of Ireland to a large number of blue chip customers. The company has over 450 highly trained Engineer Surveyors and Consultant Engineers, strong customer support systems and a wealth of technical expertise.
Inflexion will work alongside British Engineering Services’ management team to further grow the business both organically and via selected acquisitions. Inflexion will support workforce expansion and investment in technology to drive service excellence.
Simon Turner, Managing Partner at Inflexion, commented: “We are delighted to have completed this complex carve-out to see the launch of British Engineering Services today. Newly independent and led by an experienced management team, the company can now grow unfettered and capitalise on the consolidation opportunities available to create a new market leader in the UK and Ireland in the provision of testing and inspection services.”
Stewart Kay, CEO of British Engineering Services, said: “This is an exciting day for us and the start of a new era. Inflexion has already proven to be a supportive investor particularly in helping us strengthen our team with a number of valuable senior recruits. We are looking to build on our technical expertise, knowledge, resources and accreditations to create a business that will shape the future of our industry. With Inflexion’s backing we can deliver the very best customer service in the market.”
The investment was led by Flor Kassai, Tim Smallbone and Edward Fraser.
Inflexion was advised by Strata Partners and King & Wood Mallesons LLP.
Source: Inflexion Press Release