Albion Ventures has invested in Hilson Moran Holdings Limited to enable the staff of Hilson Moran Partnership Limited (Hilson Moran), an engineering and environmental consultancy, to carry out a GBP5 million MBO and gain independence from the UK subsidiary of Altran Technologies.
Hilson Moran provides consultancy in building services, sustainability, facilities management and other services and is firmly established as a leading engineering consultancy to commercial office, data centre, retail, leisure, hotel and residential projects such as “The Gherkin”, Wembley Arena and the Olympic Village at Stratford. The company employs more than 200 staff based in London, Manchester, Farnborough, Abu Dhabi and Qatar and achieved a growth in turnover of more than 20% last year.
Will Fraser-Allen, Deputy Managing Partner at Albion Ventures, says: “We believe that despite a generally difficult economic environment, the quality of this business, including a strong business pipeline and excellent management team, makes this an exciting investment. The company was named NCE/ACE Medium consultant of the Year for 2011 and has a long and successful track record since its formation 35 years ago.”
Chris Plummer, Managing Director at Hilson Moran, says: “Albion’s investment has given us renewed independence to enable us to react to changing markets and evolving client needs. We are in a strong position and look forward to embracing the challenges ahead to drive best practice and innovation in the industry alongside Will Fraser-Allen and the Albion team.”
