Quantity surveyor bought for £2.8m to increase Hyder's south west presence

Hyder Consulting has acquired QS practice RPA for £2.8m.

The deal will increase Hyder’s presence in the south west, where RPA has its three main offices.

Ian Parfitt and Nick Soady, the current partners at RPA, will remain with the company and continue to lead the business.

Established in 1992, RPA provides cost consultancy and project management services in the property sector. It had a pre-tax profit of £0.55m for the year ended 30 April 2006.