Rcapital completed the acquisition of Patrick Parsons.

Rcapital, a private investment firm, completed the acquisition of Patrick Parsons, a provider of multi-disciplinary engineering consultancy services. Financial terms were not disclosed. "We have a new partner and investor in Rcapital, which puts us in a strong position financially and provides significant momentum behind our ambitious growth strategy and plans for the future. I am very pleased that the growth strategy is already paying dividends with the business performing well, and levels of secured work have already returned to pre-pandemic levels. We have also secured some fantastic new mandates and have more opportunities in the pipeline,” Gail Bamforth, Patrick Parsons CEO.