RSK Group seals deal for construction consultancy Kendall Kingscott

13 December 2024 Consultancy.uk

Construction consultancy Kendall Kingscott has been purchased by RSK Group. The deal concludes for an undisclosed fee, and was advised upon by professionals from Bishop Fleming, who supported the sell-side stakeholders.

Andrew Bailey, managing director of Kendall Kingscott, commented, “This exciting move opens significant opportunities for our people and business while staying true to who we are. It means our 60-year legacy is protected but within a platform that will enable us to achieve our ambitious plans more quickly than we could have ever imagined."

Kendall Kingscott employs more than 200 staff across offices in Bristol, Exeter, Cardiff, St Austell, Ringwood and Teddington. For more than 60 years, it has helped deliver complex projects across the region, including for the NHS and major retailers such as Harrods and Aldi.

RSK Group is a global professional services firm, specialising in sustainable solutions. Bringing together environmental, engineering and technical services businesses to help clients around the world minimise their impact on the planet. The acquisition will support RSK’s strategy to boost its consultancy capabilities across the built environment, with particular focus on sustainable buildings, while providing Kendall Kingscott with a platform for accelerated growth.

RSK chief executive Alan Ryder noted, “The addition of Kendall Kingscott is an important milestone in delivering on this strategy. Kendall Kingscott’s strong presence in the healthcare and higher education sectors made it particularly attractive and will lead to multiple revenue synergies across the group."

Legal advice to the shareholders was provided by Charles van der Lande and Tom Storey at Roxborough Milkins. Meanwhile, South West and West Midlands audit and advisory firm Bishop Fleming advised Kendall Kingscott on the deal. The team was led by corporate finance partner Martyn Fraser, supported by Joe Coghlan and Lindy Adams.

Coghlan, a Bishop Fleming corporate finance director, added, “Kendall Kingscott and RSK have a shared vision around the importance of delivering decarbonisation in the built environment. This transaction will enable Kendall Kingscott to accelerate its already impressive growth trajectory whilst maintaining an identity and culture developed over more than 60 years."

RSK has been rapidly building capacity through acquisitions in recent years. In 2023, this saw the firm purchase site services firm Wysepower, while months before it also grew its headcount with a deal for Copper Consultancy.