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Announced

BGF-backed Hydrock to acquire MRB Consulting Engineers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Engineering Consulting

Single Bidder

United Kingdom

advisory services

engineering consultancy

Friendly

Acquisition

Private

Majority

Pending

Private Equity

Synopsis

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BGF-backed Hydrock, a UK-based engineering design consultancy, agreed to acquire MRB Consulting Engineers, an engineering consultancy practice offering clients in the property and construction industry. Financial terms were not disclosed. “Joining Hydrock, a well-respected, employee-focused company, is the perfect next step for the ambitions of our team and the growth of our client offer. I’ve got to know several of the Hydrock senior team over the past few months, and the obvious synergies in our staff culture and client approach makes me very excited for the future,” John McElwee, MRB’s Managing Director.

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