J Turner & Associates Ltd
J Turner & Associates, a long-established structural engineering consultancy based in the West Midlands has been acquired by Tier Group Ltd, whose head office is located in Chester.
Tier Group has established itself as a fast-growing structural and civil engineering consultancy since its formation in 2003, and now 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 gives Tier Group a Midlands base from which to build another satellite office.
Our client was looking to retire but not immediately. The deal involved the acquisition of 100% of the share capital in J Turner & Associates Ltd for cash, with the vendor being issued shares in the new company with an ongoing consultancy role, which will evolve by mutual consent over the next several years.
The sale was handled jointly by Business Partnership Corporate Managing Director John Hatt and John Knight, West Midlands Regional Partner.