Survey Solutions Expands with SurvaTec Acquisition
Deal News | Apr 02, 2025 | PMSI
Survey Solutions, a notable player in the engineering surveying and monitoring industry, has announced the acquisition of SurvaTec, a utility surveying specialist based in Essex. This acquisition is part of Survey Solutions' strategic expansion plan following a management buyout in December 2023, with financial backing from private equity firm WestBridge. The acquisition of SurvaTec marks the company's second major purchase since the buyout, following their entry into the rail sector with the acquisition of JWG Survey & Engineering in October 2024. Established in 2004, SurvaTec has established itself as a leading provider of land surveys, utility mapping, and geospatial solutions in the UK. Corporate advisor PMSI played a supportive role in the acquisition, helping facilitate the smooth transition.
Sectors
- Engineering Surveying and Monitoring
- Utility Surveying
- Private Equity
Geography
- United Kingdom – Both Survey Solutions and SurvaTec operate within the UK, making it the primary geography for the acquisition and the involved companies.
Industry
- Engineering Surveying and Monitoring – This industry involves providing services related to the surveying and monitoring of engineering projects. Survey Solutions operates within this industry.
- Utility Surveying – SurvaTec specializes in utility surveying services, which involve mapping and surveying utilities for construction and infrastructure projects.
- Private Equity – WestBridge, a private equity firm, is involved in backing the management buyout of Survey Solutions, making this industry relevant to the financial aspects of the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Survey Solutions | Acquirer | Company | A provider of engineering surveying and monitoring services, expanding its business through strategic acquisitions. |
| SurvaTec | Target | Company | An Essex-based utility surveying specialist offering land surveys, utility mapping, and geospatial solutions. |
| WestBridge | Backer | Company | A private equity firm that backed the management buyout of Survey Solutions, facilitating the firm's acquisition strategy. |
| PMSI | Corporate Advisor | Company | Provided advisory support during the acquisition of SurvaTec by Survey Solutions. |