In 2011, professional services firm Rhead Group chose Inflexion to be its minority investor to help it accelerate its growth. A four-year partnership grew the business sufficiently to attract substantial interest from trade buyers including Costain Group plc, which acquired Rhead in 2015.
Sector
Business services
Headquarters
Coventry, UK
Fund
Partnership Capital
Investment date
June 2011 - August 2015
Status
Realised
The company
International professional services consultancy Rhead built a strong track record delivering large infrastructure programmes for the energy, power generation, defence, transport and utilities sectors. Managing a portfolio of major capital projects, the company serves clients all over the world.
The Inflexion investment
Inflexion provided minority capital to the business in 2011, and then went on to support a number of value-adding acquisitions.
The Inflexion difference
During our partnership with Rhead we worked closely with the management team to introduce a highly experienced Chairman as well as undertake a digital audit to identify areas of improvement in systems and processes, which ultimately assisted in the appointment of a new Information Technology Director.
We also supported four transformational acquisitions, which helped to increase Rhead’s geographic reach and broaden its offering and customer base. Two of these acquisitions were in the Australian market, creating a strong presence in this key region. At the time of exit, Rhead had offices in the UK, Australia, Singapore and the UAE.
Our partnership with Inflexion supported Rhead in acquiring four complementary businesses, diversify our service and sector offering, and broaden our reach. Rhead’s highly skilled and committed team now work across a wide range of sectors and markets.