Structural Engineering Consultancy – Worcestershire
J Turner & Associates, a long-established structural engineering consultancy based in the Worcestershire, was acquired by Tier Group Ltd, whose head office is located in Chester.
Tier Group established itself as a fast-growing structural and civil engineering consultancy since its formation in 2003, and has offices in Warrington, Manchester, Sheffield and London.
They were attracted to J Turner & Associates because of the quality and longevity of the client base, plus the location gave Tier Group a Midlands base from which to build another satellite office.
The deal was funded via cash introduced by the buyer, deferred payments and shares in the new business. Our client was retained and was able to retire by phasing down his hours of work, which steadily reduced over the following few years.