Midlands firm is latest to join highly acquisitive RSK Group
Acquisitive sustainable solutions group, RSK, has completed its latest takeover deal involving Midlands firm Travis Baker.
The Cheshire group is strengthening its engineering credentials and its relationship with major UK housebuilders with its deal for the civil, structural, geo-environmental and engineering consultant, for an undisclosed sum.
Founded in 2006, Travis Baker has a 40-plus team working across two offices in Birmingham and Nottingham with an annual turnover of £4.5m in the last financial year.
Rob Travis, Dave Baker, Dave James and Ted Wake will continue to lead the business as directors.
Travis Baker’s long standing clients include Redrow, Bloor Homes, Barratt Homes, Persimmon, Taylor Wimpey, Miller Homes, Bellway and Keepmoat Homes.
Recent projects include the major redevelopment of the Selly Oak Hospital, Birmingham, a 50-acre mixed use development at Beacon Business Park in Staffordshire and 2,000 new homes in Northamptonshire.
Joint managing directors Rob Travis and Dave Baker said: “Travis Baker has joined the RSK Group because it offers a diverse portfolio of projects around the world in technical disciplines that are both complementary to, and supportive of, much of what Travis Baker already does.
“This acquisition unlocks further growth opportunities not only for the business, but for our skilled engineers specialising in geo-environmental, civil and transport planning.”
RSK Group CEO, Alan Ryder, said: “RSK Group companies look forward to working with Travis Baker as we expand the group’s already significant range of integrated engineering and infrastructure development skills and services.
“High quality skills are sought after in the civil, structural, and geo-environmental sectors, and the addition of Travis Baker will complement our services in these sectors alongside architecture, topography, noise and transport planning.
“There is also a clear synergy in the water sector alongside our many businesses operating in this space. This cross-business support is something RSK is keen to explore further with Travis Baker.”
As RSK continues to deliver its ambitious growth strategy it is now comprised of more than 175 companies, employing 10,000 people. The group’s annual turnover at the end of fiscal year 2022 is expected to be in excess of £800m, more than double the previous year.
The acquisition advisors were Simon Lloydbottom and Oliver Wadlow from Alinea Corporate Finance.