Specialist consultancy firm, GRAPH Strategy, has completed an extensive commercial due diligence project to facilitate an investment deal into the Building Cost Information Service (BCIS).
GRAPH Strategy was appointed by mid-market private equity firm, Lloyds Development Capital Limited (LDC), to conduct market research and analysis to help assess the investment opportunity and shape future growth strategy.
The investment, completed in June, will see BCIS, which was first established as a service in 1961 by the Royal Institution of Chartered Surveyors (RICS), become an independent company. RICS will continue to retain a minority shareholding.
LDC’s support will allow the business to develop its technology platform and data resources and continue supporting more than 4,000 customers across the construction, facilities management, and insurance sectors.
GRAPH Strategy, which has offices in London and the US, was approached by LDC thanks to its experience delivering crucial due diligence across the built environment. The firm has collaborated with investors on a broad array of deals in the industry, spanning from construction materials to environmental consulting, facilities management, and fire safety systems.
James Tetherton, the Senior Partner at GRAPH Strategy, said:
“The first half of 2022 has been another tremendously busy period for us. The investment market remains highly competitive in spite of the uncertain macroeconomic outlook, meaning that rigorous commercial due diligence is more important than ever.
“The built environment is full of thriving and ambitious businesses right now, particularly as the net-zero agenda and building safety regulations continue to take centre stage. With this, private equity firms have become increasingly interested in investing in this space.
“We are thrilled to have supported the completion of this latest deal with LDC and our team continues to advise and add value for our other partners in this sector We’re confident we’ll assist investors in examining many more deals in the sector in the months ahead.”
About GRAPH Strategy
GRAPH is a boutique strategy consulting firm that supports leading global corporations and private equity firms to acquire and build stronger businesses. The company’s approach is to deliver a rigorous, evidence-based approach to help businesses identify market opportunities, conduct commercial due diligence, and design winning growth strategies.
GRAPH works across several different sectors on an international scale, including the built environment, financial and business services, technology, healthcare, energy, transport, construction, retail, and leisure.
GRAPH currently has offices in London and Washington DC.