Palatine-backed CTS Group Completes its Eighth Acquisition
CTS Group (Construction Testing Solutions), a leading provider of geotechnical consulting, construction materials testing and surveying and monitoring services, has acquired Concept Engineering Consultants Limited, a leader in geotechnical, structural and geo-environmental services.
This is CTS Group’s eighth acquisition since our initial investment in late 2018. The deal further strengthens CTS as a market leader and expands and enhances its geotechnical consulting, testing, coring and drilling capabilities.
Operating across the UK and with headquarters in London and operations in both London and Coventry, Concept Engineering employs 105 staff. Founded 25 years ago, Concept Engineering Consultants work on civil, structural and geotechnical projects nationwide.
Phil Coles, Chief Executive of CTS Group, said: “A fantastic track record of over 25 years in the sector as a highly respected site investigation business as well as geotechnical consultancy and provider of superb coring and drilling capabilities,, Concept is a strong addition to our growing portfolio of services.
“I am delighted that Concept Engineering will become part of the CTS Group and look forward to working with Milan, Anastasia, Natalie, Ivo and the management team to continue to grow the business. This latest acquisition complements the previous deals announced over the last two years as we continue to grow and develop a strong team with the skills and knowledge to deliver a quality and trusted service to our customers.”
Tom Hustler, Investment Director at Palatine, said: “CTS’s acquisition of Concept Engineering marks the group’s eighth acquisition since Palatine’s initial investment, and underlines our shared ambition to continue to grow the business both organically and through strategic M&A. Concept Engineering is a great addition to CTS and brings a skilled team and strong reputation within the civil, structural and geotechnical engineering space to the group.”