<\/p>\n\n\n\n
April 30, 2024<\/p>\n\n\n\n
Plowman Craven has secured funding from the private equity firm Agathos. This significant investment will support the company in achieving its ambitious growth objectives on an international scale. According to Plowman Craven, one of the UK\u2019s largest surveying companies, the aim is to double the size of the business over the next five years.<\/p>\n\n\n\n
The firm specializes in capturing, processing and modelling data crucial for a wide array of activities throughout the property lifecycle. Positioned at the forefront of surveying and measurement innovation, the company leads the way in developing new methods and technologies, providing clients with exceptional service. With its premium offerings, Plowman Craven is poised to capitalize on long-term market trends, including the increasing adoption of 3D modelling techniques, automation in logistics, and the growing impact of ESG regulations in the property sector.<\/p>\n\n\n\n
As the UK’s leading measurement practice, Plowman Craven has a proven track record of successfully delivering major projects. Over the years, the company has played a key role in numerous exciting heritage, restoration and development projects, such as Olympia, King\u2019s Cross and the Palace of Westminster.<\/p>\n\n\n\n
In the coming months and years, Plowman Craven will significantly focus on accelerating its international growth. This includes expanding its presence in India and North America, as well as entering the Australian market. Additionally, plans are in motion to enhance Plowman Craven’s geotech capabilities and digital services, which involves developing software to create tools and data platforms for clients. The transaction will also provide funding for Plowman Craven\u00a0to explore targeted acquisitions.<\/p>\n\n\n\n
David Locker, CEO at Plowman Craven, commented: \u201cAttracting such significant external investment marks an exciting milestone and a tremendous opportunity for Plowman Craven to supercharge growth and increase our reach on a global scale. Having already established a strong foothold in our core market, the capital injection will facilitate positive change and expansion to elevate our business to the next level. Agathos is a growth-focused investment partner whose values and approach are aligned with ours, and who understands and appreciates our business and ambitions.\u201d<\/p>\n\n\n\n
John Butterworth, senior investment manager at Agathos, commented: \u201cPlowman Craven is the trusted partner of choice for the whole industry, and for good reason. Its first-class service is underpinned by a culture of innovation, and the dedication and expertise of its 180 employees. We are delighted to be partnering with David and his team on the exciting journey ahead.\u201d<\/p>\n\n\n\n