Burges Salmon partner Richard Spink and senior associate Tim Roberts led the transaction with support from Ian Carnochan, a partner in the firm’s corporate tax team.
Constructionline provides mission-critical and high value-add third party risk management services to public and private sector customers in the construction, facilities management, local government, education and house building industries, where supply chain risk management is becoming an increasingly critical issue. Warburg Pincus, a leading global private equity firm focused on growth investing, will work alongside Constructionline’s ambitious management team to accelerate the growth of the business. To date in 2018, the company has experienced significant progress, fuelled in part by the success of its multi-level accreditation products.
Richard Spink says: “It was a real pleasure to work with John, Nik and the team on this transaction, in what is a hugely exciting period of further growth for the business.”
Constructionline CFO, Nik Bratton, says: “We had huge confidence in the team at Burges Salmon. They gave us great support and guidance throughout what was an unfamiliar and hugely intensive process for us, identifying key areas of concern and providing pragmatic solutions.”