United Kingdom – John Henry Group has secured a £23.3m investment from private equity firm Growth Capital Partners (GCP).
Established in 1985, John Henry Group which is headquartered in Longstanton, near Cambridge, has experienced growth in recent years and today operates ten major office sites across the UK, helping major telecom operators develop, upgrade and maintain broadband infrastructures, as well as providing civil and utilities engineering support services.
The investment from GCP will enable the technology business to continue its growth trajectory and maximise its potential in a strong market.
John Henry Group director, Pat Henry, said: “It is an exciting time for John Henry Group as we continue to grow and develop our service offering across the UK.
“Our advisors on this particular investment, Grant Thornton, has delivered an outstanding result for both shareholders and the business, demonstrating a clear understanding of our objectives and managing the deal process to secure a great outcome for our stakeholders.”
Grant Thornton’s corporate finance team, led by director Steve White, introduced John Henry Group shareholders to GCP and managed the deal from leading the negotiations to providing advice and support throughout the process, including engaging the accountancy firm’s wider expertise in tax advisory services.
Steve White, corporate finance director at Grant Thornton, said: “It is an exciting time for John Henry Group and with GCP’s support the business has the opportunity to continue to drive its fantastic growth story under the leadership of an outstanding management team.”
For media and press enquiries please contact Rob Andrews, group marketing and corporate communications manager for John Henry Group, on 01954 288011 or email firstname.lastname@example.org
John Henry Group provides the total and integrated knowledge, expertise and project delivery solutions needed to help our partner clients grow and maintain all-scale infrastructure footprints.
For more than three decades, the group has focused on delivering excellence on behalf of our clients through an expertise base of more than 1,000 people based across the UK and 10 office locations.
John Henry Group’s expertise allows us to provide a competitive and extremely reliable market-leading service with key focus on our core mission pillars: safety, service, standards and size footprint, as we aspire to deliver excellence on behalf of our clients. We provide the strategic knowledge, expertise, project management and delivery solutions needed to help our partner clients successfully grow, support or maintain their infrastructure footprints across:
– Telecommunications, hybrid cable and fibre networks across the public and private sectors
– Power networks
– Civil Engineering infrastructure
– Highways and engineering support services and traffic network management