Grant Thornton advises Horizon Capital LLP Horizon Capital LLP has invested in Ridge and Partners LLP

April 2023
Horizon Capital LLP
Ridge and Partners LLP
Adviser to Horizon Capital LLP on their investment in Ridge and Partners LLP
£undisclosed
Grant Thornton team
Real estate
Buy side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Horizon Capital LLP on a debt raise to support their investment in Ridge and Partners LLP

Ridge and Partners LLP is a UK based property and construction consultancy company.

Horizon’s investment will be used to broaden its multi-disciplinary offering which includes architecture, building services, engineering, planning, surveying, sustainability and transport.

Horizon’s investment supports Ridge in delivering the next phase of its ‘Quality, Innovation and Growth’ vision, which sets a strategy for expanding investing in talent across its core disciplines as well as through new acquisitions.

The success of this strategy is clear in Ridge’s recent expansion from 577 people and £61 million turnover in 2020 to 1,000 people and a forecast £105 million in 2023 across its 13 UK offices.

New acquisitions will complement Ridge’s existing practices and develop new services to enhance its track record of strong client relationships. Strategic opportunities include the digital revolution, the net zero carbon and social impact agendas and changing ways of living, working and learning.

Grant Thornton project managed the buy-side debt raise from indicative terms to completion. Using our technical capability, we managed the distribution of due-diligence, supported with the delivery of a management presentation, advised on the creation of a Bank Base Case financial model and worked closely with Horizon’s legal counsel on the negotiations of the finance documents.

Testimonial

It was great working with the Grant Thornton Debt Advisory team. Their responsiveness, expertise and dedicated support to the debt raise ensured a smooth and timely completion of the investment. We were delighted with the results.

Luke Kingston Partner, Horizon Capital

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