Hurleypalmerflatt will continue its international growth with £14m ISIS deal
Engineering consultancy hurleypalmerflatt has completed a deal with ISIS Equity Partners to provide funding for future acquisitions. The deal means ISIS acquires a minority stake in the business, committing £14m from its ISIS IV LP fund.
Paul Flatt, chairman of hurleypalmerflatt, said: “We are pleased to have ISIS as an investor to support [us] while we continue our market leadership position through the next phase of growth, both in the UK and internationally, serving our clients’ global needs.
The investment will help us grow the business in line with our strategy of entering new geographic territories and expanding our service offer.”
During the past 12 months, the group has opened offices in Sydney and Bangalore as part of its ongoing expansion plans.