A construction consultancy operating across the West Country, Wales and the South East of England has been sold for an undisclosed sum to Cheshire-based engineering group RSK.
Kendall Kingscott has offices in Bristol, Exeter, Cardiff, St Austell, Ringwood and Teddington, and employs more than 200 staff. The 60-year-old business has helped deliver some of the most complex projects across the region, including for the NHS and major retailers such as Harrods and Aldi.
The company’s staff will transfer over as part of the deal and the leadership team, name, brand and services will remain the same.
Andrew Bailey, managing director of Kendall Kingscott, said: “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.”
RSK said the acquisition would support its 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 Group chief executive Alan Ryder said: “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.”
South West and West Midlands accountancy 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.
Mr Coghlan 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.”
Legal advice to the shareholders was provided by Charles van der Lande and Tom Storey at Roxborough Milkins LLP.
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