The acquisition of JWG Survey & Engineering by Survey Solutions marks a pivotal moment in the engineering survey industry. Established in 2015 by Jake Gaskell, JWG has quickly earned a strong reputation.
Survey Solutions’ acquisition of JWG is the first since its management buyout, backed by WestBridge, and signifies a strategic alliance poised to enhance both companies’ offerings across railway infrastructure services.
Strategic Alignment and Growth
Survey Solutions has strategically acquired JWG to bolster its position as the UK’s leading provider of engineering surveys. This move aligns with the company’s ambitious growth strategy through acquisition and organic expansion.
JWG, known for its expertise in railway infrastructure, offers automated and manual monitoring and topographic surveys. The merger capitalises on these strengths, offering both companies opportunities for growth and excellence in service delivery.
Leadership Perspectives
Jake Gaskell, remaining as managing director for the rail service line, voiced his enthusiasm for the merger, describing it as a ‘win-win’.
Gaskell sees the merger as an opportunity to leverage the larger group’s resources while contributing their rail market expertise. “We provide first-class services delivered by engineers at the top of their game,” he stated with confidence.
Industry Impact and Future Plans
David Lowe, CEO of Survey Solutions, expressed optimism about integrating JWG’s capabilities into its core business.
Survey Solutions plans to expand its service offerings and client base. The inclusion of JWG enhances their portfolio, benefiting clients like AECOM and Balfour Beatty.
The acquisition is a stepping stone towards becoming the UK’s most trusted provider in this sector. The combined expertise and resources of both companies are expected to drive significant advancements in surveying and infrastructure monitoring.
Support and Advisory
The acquisition deal was expertly managed by Dow Schofield Watts Corporate Finance. Legal and financial backing from firms such as Pinsent Masons and Cortus ensured a smooth transaction.
These partnerships underscore the importance of expert advice in successful business acquisitions, enabling Survey Solutions to be agile and effective in its expansion plans.
Investor Insights
Rebecca Sinclair from WestBridge highlights the acquisition as a milestone in their investment strategy with Survey Solutions.
The strategy not only enriches Survey Solutions’ offerings but also paves the way for future acquisitions in sectors like utilities and transportation. This strategic foresight is essential for sustained competitive advantage.
The investment underlines a period of robust growth and platform development for Survey Solutions, suggesting a well-planned trajectory in a competitive market.
Future Outlook
Survey Solutions aims to pursue additional acquisitions in the coming months, focusing on strategic sectors for expansion.
The acquisition of JWG is pivotal, setting a standard for future deals to further their reach and capabilities across the UK.
Survey Solutions’ leadership echoes confidence in maintaining momentum in the market, driven by innovation and strategic growth.
Conclusion of the Acquisition
Daniel DiMarco of KBS Corporate remarked on the synergy between JWG and Survey Solutions, poised to strengthen the combined company.
These synergies forecast a prosperous future, highlighting the acquisition’s role in advancing their mission to lead in engineering surveys.
The merger of Survey Solutions and JWG marks a new era in engineering surveys. This strategic move is expected to bring substantial improvements in service quality and business growth.
The combined expertise positions the entity as a formidable leader in the surveying industry.
