Tue, 12 Mar 2024 | BUSINESS NEWS
Edwin James Group, an engineering services provider, has appointed its first Head of Corporate Development as it seeks to accelerate its acquisitive growth strategy. The firm has appointed Daniel Longdon (pictured above with group CEO Christopher Kehoe), previously of K3 Capital Group Plc and JLA Group, as Head of Corporate Development.
Longdon, a qualified Chartered Accountant, will bring significant expertise to help Edwin James Group execute its expansion plans.
Edwin James Group secured secondary investment from funds under management by Aliter Capital LLP last year, which provided a platform for the group to execute its buy-and-build strategy. Edwin James Group acquired specialist control systems integration services provider ACS in January of this year and is now actively seeking additional acquisition opportunities to further strengthen its offering.
Announcing Longdon's appointment, Edwin James Group said that it was seeking to acquire companies "that strengthen its offerings in key strategic areas including digital, process and sustainability" as it "aims to reinforce its position as a leader in the UK engineering services sector."
Following his appointment, Daniel Longdon commented: "It's great to be joining Edwin James Group at such a pivotal time. The market landscape is notably fragmented, and our vision of creating a cohesive service offering for customers is gaining traction.”
"With the group's impressive history of organic growth, I am confident that strategic M&A initiatives will propel our expansion and generate substantial value for our stakeholders."
Edwin James Group Chief Executive Christopher Kehoe added: "Our recent successes, including a 22 per cent increase in turnover last fiscal year and substantial additions to our forward order book, have positioned us well for accelerated growth. Daniel's expertise in acquisitions will be instrumental in executing our buy-and-build strategy."
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