Monday, January 18, 2021

Chesterfield-based infrastructure construction firm acquired

RD Capital Partners (RDCP) has completed the acquisition of Killingley, a multi-functional civil engineering, commercial landscaping, and grounds maintenance firm.

Based in Chesterfield, Killingley was established in 1972 and is RDCP’s first acquisition in the infrastructure and engineering sector. Killingley employs 120 staff members and has an annual turnover of £16 million. Their client base is broad, working across a mix of local councils, public bodies, private enterprises, architects and some of the UK’s leading construction companies.

Established in 2015 by Sameer Rizvi and Iryna Dubylovska, RDCP now controls £60 million of investments and employs 400 full-time staff members across their core sectors of healthcare, infrastructure and real estate.
Sameer Rizvi, CEO and Founder of RDCP, says: “We are pleased to have had the opportunity to acquire such an impressive business, led by a fantastic Managing Director, Gareth Dillon. Him and his team deliver market-leading work across all spectrums of their projects.

“Our vision for 2020 is to build a presence in three key sectors: healthcare, infrastructure, and real estate. We are proud to have solely focused on healthcare and real estate since inception in 2015. However, we now have the scale as well as the access to debt markets that will allow us to establish meaningful presence in a number of sectors. In order to build a future-proof business, we need to be diversified across uncorrelated sectors.

“We were attracted to Killingley because of their excellent reputation and track record of success and are committed to working with Gareth and his team to deliver long-term growth strategies. The company boasts a strong background in infrastructure and engineering works and has an impressive portfolio of clients across the UK. We are very excited about working with the team and fuelling further growth. It will be business as usual for the clients and staff members of Killingley.”

Gareth Dillon, Managing Director of Killingley, says: “I am delighted to welcome Sameer and Iryna to the Killingley team and look forward to working with them to continue the successful refocusing of the business following our recent restructuring. It is a testament to the hard work and dedication of everyone at Killingley that RDCP have recognised this opportunity, and have made a significant investment in further securing the growth of the company at a difficult time for the wider construction sector. This is a hugely positive move for the company and will only enhance our future development plans.”

Funding to support the deal was provided by Neil Sharp of finance brokers TML Finance and Advisory, who structured an undisclosed bespoke lending package to assist RDCP. “It was great to see all the moving parts align both from the start to the final agreement and naturally the lending side which we worked hard on. We have an extensive background in working on these types of deals for clients and it’s always good to put that experience to good use for a positive outcome.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Almost 1,000 jobs to be created in Leicestershire as new warehousing approved

A new distribution warehousing complex is set to be built to the east of Ashby-de-la-Zouch, bringing around 1,000 new jobs to North West Leicestershire. The...

Leicestershire ecological management contractor lands £1.5m funding

Three Shires Ltd, specialist contractors to the construction industry, has been supported with £1.5m in refinance and working capital funding by alternative finance provider...

2021 Business Predictions: Ian Chambers, Managing Director, App4

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has...

Purpose Media makes key promotions

Two key members of the team at Derbyshire-based full service digital marketing agency Purpose Media have been promoted. The two promotions are Liam Brown who...

Fivefold increase in EBITDA for Nottingham lab firm

SourceBio International, the Nottingham-based provider of laboratory services and products, has seen an almost fivefold increase in adjusted EBITDA in the year ended 31...

Related news

Lincolnshire contractor launches foundation to support charities

Local contractor, Horsman Construction has begun the new year by launching The Horsman Foundation which aims to support charities that help children and young...

Almost 1,000 jobs to be created in Leicestershire as new warehousing approved

A new distribution warehousing complex is set to be built to the east of Ashby-de-la-Zouch, bringing around 1,000 new jobs to North West Leicestershire. The...

Leicestershire ecological management contractor lands £1.5m funding

Three Shires Ltd, specialist contractors to the construction industry, has been supported with £1.5m in refinance and working capital funding by alternative finance provider...

2021 Business Predictions: Ian Chambers, Managing Director, App4

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close