Travers Smith LLP has advised RSK Group Limited ("RSK") on a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. and Ares Management Corporation funds. The Travers Smith team also advised on an additional incremental £300 million debt facility commitment by Ares to further support RSK's growth plans.
Founded in 1989 by its CEO Alan Ryder, RSK and its 15,000 employees provide end-to-end, bespoke environmental consulting and engineering solutions to a vast array of clients across the Water, Energy, Construction and Infrastructure sectors. The additional capital is expected to support the ambitions articulated in RSK’s 2030 Global Strategy, including organic growth initiatives and the continued execution of RSK's acquisition strategy.
The Travers Smith team was led by the Private Equity & Financial Sponsors Partners Lucie Cawood and Alex Dixon, supported by Senior Associate Stuart Allan, Associate Cari Sweeney and Trainee Ingrid Solberg. Advice in relation to the incremental debt facility was provided by Finance Partner Matthew Ayre, Senior Associate Michael Leadbeater, Associate Reece Morgan and Trainee Georgia Gridley. Tax advice was provided by Partner Simon Skinner and Associate Ross McGregor.
