- Concept Engineering Consultants provides geotechnical, structural and geo-environmental services
- CTS Group said the deal strengthens its offering across geotechnical consulting, construction materials testing, and surveying and monitoring
- Palatine made an initial investment in CTS in 2018
Palatine Private Equity-backed CTS Group has bought Concept Engineering Consultants in a move that the firm said strengthens its offering across geotechnical consulting, construction materials testing, and surveying and monitoring.
The deal is the eighth acquisition CTS has made since Palatine’s initial investment in the company in 2018.
CTS Group was founded in 1997 and is headquartered in Leicester, England. It employs 105 people. Concept Engineering Consultants is a London-headquartered consultancy offering geotechnical, structural and geo-environmental services.
“Offering superb coring and drilling capabilities, as well as a wide range of high-quality site investigation services will be a strong addition to our growing portfolio of geotechnical consulting, construction materials testing, and surveying and monitoring services,” said Phil Coles, CEO of the CTS Group. “I am delighted that Concept Engineering will become part of the CTS Group and look forward to working with the management team to continue to grow the business. This latest acquisition complements the previous deals announced over the last two years as we continue to grow and develop a strong team with the skills and knowledge to deliver a quality and trusted service to our customers.”
“We are delighted to become part of the CTS Group and continue to bring innovative site investigation solutions to our clients,” said Milan Dedic, CEO of Concept Engineering. “We look forward to the opportunity to expand the business as part of the group and having met the senior leadership team at CTS we believe we have found a company with a similar ethos to our own and see exciting times ahead. Together we will be able to offer our clients a market leading range of construction related testing, inspection and compliance services.”
Palatine is a Manchester, UK-headquartered private equity and venture capital firm. It has two funds, Buyout and Impact. It was founded in 2005.