Private equity firm WestBridge has completed a secondary buyout of Land Survey Solutions Limited (t/a Survey Solutions), a provider of engineering surveying and monitoring services to a range of sectors across the UK.
The transaction provides an exit for RJD Partners and the founder James Cooper, and sees WestBridge invest £14.2 million to take a majority stake in the business. The deal marks the second platform investment from WestBridge III.
Survey Solutions provides land, building, underground and site surveys, along with a range of support services covering the lifecycle of a development. It has a broad range of clients including Thames Water, Transport for London, Aecom, Jacobs, Balfour Beatty and Kier.
The buyout was led by David Lowe, who joined the company as CEO in 2022, along with the senior management team who have all been instrumental in driving growth over the last few years, both organically and through acquisition.
The WestBridge transaction team comprised Rebecca Sinclair and Peter Barkley, who both join the Survey Solutions board as directors, and Luke Gilbert, who becomes a board observer and will coordinate value creation initiatives.
