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Hilson Moran directors stage £5 million management buy-out

Engineering and environmental consultancy Hilson Moran has become independent after a management buyout backed by a private equity firm

The £5 million deal with Altran UK and led by managing director Chris Plummer was funded with the help of private equity firm Albion Ventures, reported sister title Construction News.

The move sees ownership return to Hilson Moran directors ten years after Paris-based Altran Technologies acquired the consultancy.

Hilson Moran saw its turnover grow by 20 per cent last year and employs around 200 staff.

The company is working on Rafael Vinoly’s 20 Fenchurch Street Walkie Talkie skyscraper in London and KPF’s Pinnacle skyscraper also nearby. Other schemes include the Olympic Athletes Village and the new headquarters of Abu Dhabi’s Islamic Bank.

Plummer said: ‘Hilson Moran is a 35-year old business with a strong identity and successful track record.  Renewed independence gives us the agility and autonomy to respond quickly to a changing market and clients’ evolving needs.

‘We are focused on continuing to provide long-term support to clients in the UK and internationally, in our core markets of offices, retail, leisure, hotels, residential and data centres. In addition to building design, growth is also being achieved in the areas of masterplanning and infrastructure design.’

Plummer said the company is in a strong position despite the difficult market conditions. 

The firm works for developers such as Land Securities, Great Portland Estates, Canary Wharf and Capital Shopping Centres.

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