M&A Deal Summary

Ferns Group Acquires Forefront Group

On February 5, 2018, Ferns Group acquired engineering company Forefront Group from Renew

Acquisition Highlights
  • This is Ferns Group’s 1st transaction in the Engineering sector.
  • This is Ferns Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-02-05
Target Forefront Group
Sector Engineering
Buyer(s) Ferns Group
Sellers(s) Renew
Deal Type Add-on Acquisition

Target

Forefront Group

Leigh on Sea, United Kingdom
Forefront Group Ltd. is an engineering services business focused in the gas infrastructure market. Forefront operates in the South East of England with its head office in Leigh-on-Sea and was founded in 1995. The business focuses on the replacement of gas mains and other critical services for National Grid and Southern Gas Networks in London and the South East. Forefront provides its services through framework agreements and employs approximately 350 skilled personnel.

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Buyer(S) 1

Buyer

Ferns Group

Kent, United Kingdom

Category Company
Sector Construction
DESCRIPTION

Ferns Group Ltd. is a provider of tailored reinstatement services to major clients, mainly in the Gas, Water and Power Networks Utility Sectors. Ferns Group Ltd. is a multi-functional construction organisation, working within the Reinstatement, Building and Construction Training sectors. Company growth is built upon reputation for reliable operational performance, safety, customer service, technological innovation and the ability to form trusting and collaborative working relationships with customers’ and their supply chains.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Renew

Leeds, United Kingdom

Category Company
Founded 1786
Sector Construction
Employees4,429
Revenue 1.0B GBP (2024)
DESCRIPTION

Renew is a provider of multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors. Renew was founded in 1786 and is based in Leeds, England.


DEAL STATS #
Overall 2 of 2
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Giffen Group

Herts, United Kingdom

Giffen Group Ltd. specialises in mechanical, electrical and power services within the railway environment, working for both Network Rail and London Underground as well as a select number of Train Operating Companies. Giffen has four frameworks with Network Rail and six frameworks with London Underground. Giffen is a direct delivery organisation, employing 123 staff and skilled operatives.

Buy £5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-09 QTS Group

Scotland, United Kingdom

QTS Group Ltd. is a specialist independent rail contractor, providing services to the Rail sector with a focus on non-discretionary operational expenditure that is driven by regulation. Headquartered in Drumclog, Scotland, and with eight operational bases across the UK and founded in 1992.

Buy £80M