Ridge Acquires Jubb to Expand Built Environment Footprint
Deal News | Nov 22, 2024 | Horizon Capital
Ridge, a leading built environment consultancy, has acquired Jubb, a renowned civil and structural engineering firm, in a strategic move to enhance its service offerings and geographical reach. This acquisition reflects Ridge's ongoing commitment to expanding its expertise and strengthening its position in key sectors. With a turnover exceeding £140 million and growing over 50% since 2022, Ridge has been following a multidisciplinary approach for growth. The acquisition of Jubb, which operates across offices in Bristol, Winchester, Plymouth, and Cardiff, complements Ridge's services across MEP, architecture, project management, cost management, building surveying, and sustainability. The addition of Jubb's capabilities in data centers, defense, and infrastructure will enhance Ridge's ability to serve clients. With values aligned, the teams at Jubb and Ridge are expected to create synergies in expertise and geographical market growth.
Sectors
- Built Environment
- Engineering Services
- Consulting Services
Geography
- United Kingdom – Ridge and Jubb are both UK-based companies, and the acquisition will expand Ridge's footprint in the UK, particularly in the South West of England and Wales.
Industry
- Built Environment – The article is centered around companies providing consultancy services in the built environment, including engineering and architectural services.
- Engineering Services – Jubb, the target company, specializes in civil and structural engineering services, contributing to the article's focus on engineering.
- Consulting Services – Ridge is a consultancy firm that provides a range of services including MEP, architecture, and project management.
Financials
- £140 million – Ridge's turnover indicating strong growth by over 50% since 2022.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ridge | Acquirer | Company | A leading consultancy in the built environment sector, offering multidisciplinary services. |
| Jubb | Target Company | Company | A civil and structural engineering consultancy with expertise in key growth sectors like data centers and infrastructure. |
| Horizon Capital | Private Equity Firm | Company | A private equity firm supporting Ridge in its acquisition of Jubb. |