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Space Solutions eyes further growth after buyout

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Burgeoning Scottish practice Space Solutions has decided to go it alone after completing a management buyout from parent company the Chess Group.

The outfit, which has 100 staff and offices in Aberdeen, Dundee, Edinburgh and Glasgow, hopes the move will lead to further growth and has already looked at acquiring a practice in London.

The management team sealed the deal - for an undisclosed sum - with the backing of the Royal Bank of Scotland and wants to increase the number of staff by 10 per cent by the end of the year.

Set up in 1997, the independent company specialises in commercial developments, employs 10 architects and boasts its own in-house QS team.

Speaking shortly after the deal was signed, Space Solutions managing director Steve Judge said: 'The time is right for us to strike out on our own.

'The buoyant north-east economy has provided us with a springboard from which to develop a UK-wide business.'

by Richard Waite

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