RDCP Infrastructure has acquired mechanical and electrical (M&E) engineering firm, Avon Combined Electrical Services (ACES).
by Rory Butler / December 2, 2022
Civil engineering company, RDCP is part of investment firm RDCP Group, which controls £370 million of investments in the UK.
RDCP took a 90% stake in ACES (Bristol), with additional funding from SME Capital.
ACES
- 30-year business
- £15 million turnover
- £1.5 million in EBITDA
- Clients: Galliford Try, MoD, NHS
ACES managing director, Stephen Sage will continue in his role alongside RDCP chief executive, Gareth Dillon.
Advising
- TML Finance and Advisory
- HCR Law
- Squire Patton Boggs
“The acquisition of ACES brings a high quality, growth-focused construction business to RDCP Infrastructure. It is a well-established and highly respected business with a strong management team,” said Sameer Rizvi, founder and CEO of RDCP Group.
If you enjoyed this article, we also recommend How Story moved the ‘largest concrete bridge in the UK’
