PEM Corporate Finance advises on sale of architectural design and building surveying practice


13-11-2019
(Left to right) RSK CEO Alan Ryder, ATP Director Keith Warwick, PEMCF Director Philip Olagunju, ATP Director Daren Flight, and RSK Divisional Director George Tuckell

RSK, a leading integrated environmental, engineering and technical services business, has acquired ATP Architects + Surveyors Limited, a multidisciplinary practice of professional consultants providing architectural, building surveying and project management services to the construction industry.

Alongside its core services, ATP offers the closely linked disciplines of landscape design, interior design, space planning, employers’ agent, and health and safety. The ATP team has the right mix of talent, knowledge and experience that enables them to provide a high standard of integrated services to a diverse range of clients, including Sanctuary Housing Association, Barratt London and Hollybrook Homes.

Established in 1966 and currently based in Ilford, Essex, ATP has long and established working relationships with its clients and prides itself on the repeat business this approach generates. ATP tailors its approach to suit its clients and their needs, successfully combining its personal service with efficiency and experience to continually deliver value and design to the highest quality.

RSK has acquired 100% of the shares from directors Daren Flight and Keith Warwick. The sale process was run by lead advisers Philip Olagunju and Lake Falconer from PEM Corporate Finance LLP based in Cambridge.

Keith Warwick, said of the transaction: “ATP is delighted to be joining RSK, which we are confident will be equally beneficial to both companies. Joining the group will increase our service provision, both geographically and in terms of breadth and depth.”

Philip Olagunju, Director at PEM Corporate Finance added: “I’m delighted to have advised Daren and Keith on the sale of their business. ATP fits well with RSK’s acquisitive growth strategy, and this transaction really benefits all parties. The vendors were a pleasure to advise, and all of us at PEM Corporate Finance wish them all the best for the future.”

Alan Ryder, CEO at RSK commented: “RSK already has a strong presence in the architecture and building surveying industries. ATP will only help bolster that provision, of which we are very proud. ATP’s focus on its people, both employees and clients alike, is something shared with RSK. With this shared ethos and complementary service offerings, we look forward to seeing what the future holds for both RSK and ATP as they unite.”

Legal advice to the vendors was provided by Lucy Folley and Baljeet Kaur from Tees Law.

Image: (Left to right) RSK CEO Alan Ryder, ATP Director Keith Warwick, PEMCF Director Philip Olagunju, ATP Director Daren Flight, and RSK Divisional Director George Tuckell

 

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