Fri, 06 May 2022 | BUSINESS SALE
Construction Testing Solutions (CTS), a provider of consulting and testing services to the construction sector, has continued its private equity-backed acquisition spree with the takeover of West Midlands-based GT Certification. The acquisition bolsters CTS’s testing capabilities for calibration and construction materials.
Based in Tipton, GT Certification operates throughout the UK and is an established provider of construction materials, as well as torque and force calibration. The company’s clients include construction contractors, industrial flooring firms and developers, while it also provides calibration services to an array of industries.
CTS was initially backed by private equity firm Palatine in 2018, with the takeover of GT Certification the company’s seventh acquisition since then. Last year, the company acquired Nicholls Colton and Silkstone Environmental, before kicking off its M&A activity this year with a deal for Mason Evans in January.
CTS Chief Executive Phil Coles commented: “Continuing to grow our capabilities and expand our portfolio while at the same time growing and further strengthening our client relationships across our business is critical to our ongoing success and is at the very heart of our strategy.”
"The acquisition of GT Certification continues to support our overall strategy and ambition to become the industry leading provider for all associated services to the construction sector through a robust programme of acquisitions and organic growth."
Coles continued: “This acquisition complements the previous deals announced over the past 2 years and reinforces our commitment to growth through attracting complimentary businesses and market leading talent.”
Palatine Investment Director Tom Hustler added: “The latest acquisition for CTS further establishes the business as a highly active player in the construction services marketplace. Phil and the management team at CTS have a strong track record of identifying and integrating acquisitions and we continue to support their ambitious strategic growth plan.”
Read about attracting private equity backing for acquisitions.
Find businesses for sale here.
If you are looking for an exit, we can help!
This established company offers extensive building and civil engineering services, excelling in complex projects and properties with challenging ground conditions. With an experienced management team and a strong presence in Wales, South West England...
Opportunity to acquire a well-established demolition company with a strong reputation in the Midlands, specifically based in Shropshire.
This well-established business is a leading name in the region, renowned for its quality products and outstanding service, catering to both trade and retail markets.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.