M&A Deal Summary

Costain Group Acquires Simulation Systems

On July 6, 2016, Costain Group acquired information technology company Simulation Systems for 17M GBP

Acquisition Highlights
  • This is Costain Group’s 1st transaction in the Information Technology sector.
  • This is Costain Group’s largest (disclosed) transaction.
  • This is Costain Group’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2016-07-06
Target Simulation Systems
Sector Information Technology
Buyer(s) Costain Group
Deal Type Add-on Acquisition
Deal Value 17M GBP

Target

Simulation Systems

Bristol, United Kingdom
Simulation Systems (SSL) is a provider of innovative technology-based solutions, primarily for the highways sector but with the potential for wider application across the Group. Company provides integrated hardware and software-based solutions across a broad spectrum of traffic monitoring and management requirements. SSL has an established blue-chip customer base including Highways England, Transport for London, the Scottish and Welsh governments and a number of English county and city councils.

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Buyer(S) 1

Buyer

Costain Group

Maidenhead, United Kingdom

Category Company
Founded 1865
Sector Construction
Employees3,095
Revenue 1.3B GBP (2024)
DESCRIPTION

Costain Group provides engineering consultancy, and construction and ongoing care and maintenance services in the United Kingdom, Spain, and internationally. Costain Group was incorporated in 1865 and is based in Maidenhead, the United Kingdom.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: United Kingdom M&A 5 of 5
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-24 Rhead Group

Warwick, United Kingdom

Rhead Group Ltd. is a provider of professional services for the delivery of major infrastructure projects. The business combines traditional fields of quantity surveying with broader services such as technical engineering management and project management.

Buy £36M