Benchmark International has advised on the transaction between Loch Lomond-based Absolute Solar and Wind (Absolute) and Cheshire-based RSK.
Established in 2007, Absolute provides renewable energy design, installation, and maintenance services for commercial and industrial renewable energy projects, primarily in the solar sector.
Working with customers such as Scottish Water, Exeter City Council, Edinburgh Airport, UK Research and Innovation, and local authorities, the Absolute team delivers solar, wind and low carbon heating services in conjunction with its supply chain.
RSK is a global leader in the delivery of sustainable solutions. The transaction marks part of RSK’s continued strategic expansion and is the 28th acquisition by the company this financial year.
Following the transaction, Absolute will join RSK's Agriculture, Land and Property Management (ALPM) division under the direction of Ian Strudwick. The company will continue to be led by Absolute director Tom Newall.
Mr Newall commented: "Joining RSK will enable Absolute to take its growth in the renewable energy sector to the next stage. Becoming part of a bigger organisation will present many opportunities for the business and for our employees in terms of growth and development.
"I am confident that together we can really make a difference for the environment and for our clients."
RSK chief executive and founder, Alan Ryder, said: "With Absolute in the group, RSK will be able to take large-scale solar projects from site finding and planning and consents all the way through to design, installation and maintenance, offering a turnkey service to our clients.
"It truly is a huge step in our commitment to renewable energy that I am delighted to have achieved."
This deal represents the fourth RSK has conducted via Benchmark International. Previous acquisitions have included Smith & Kennedy Architects, Ecologia Environmental Solutions, and the group of Pellings companies.
RSK now includes more than 130 companies within its portfolio.
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
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