Dunedin Enterprise Inv Trust PLC Dunedin Enterprise invests in Blackrock Programme (0888J)
April 01 2015 - 2:00AM
UK Regulatory
TIDMDNE
RNS Number : 0888J
Dunedin Enterprise Inv Trust PLC
01 April 2015
Dunedin Enterprise invests in Blackrock Programme Management
1 April 2015 - Dunedin Enterprise Investment Trust PLC ("Dunedin
Enterprise") has, through the Dunedin Buyout Fund III, made a GBP5
million investment in Blackrock Programme Management ("Blackrock
PM").
Blackrock PM is a professional services firm that provides
independent expert witness and construction consulting services for
large, international construction projects. The London based
company has increased turnover tenfold from GBP1 million to GBP10
million between 2010 and 2014, and is expecting further significant
growth in 2015.
Headquartered in London, Blackrock PM is widely recognised as a
market leader, employing individual directors who are experts in
their field. Blackrock PM has worked on an extensive range of
projects around the globe, including airports, roads, railways,
power stations, process plants, manufacturing facilities, health
and educational facilities and commercial buildings. The company
has advised on many high profile projects in London and globally
including The Shard, Blackfriar's Bridge, Heathrow Airport and the
East London Line. Blackrock PM works with many of the world's
leading construction litigation law firms and barristers.
Giles Derry, Partner at Dunedin, the manager of Dunedin
Enterprise said:
"Blackrock is a market leader with a strong pipeline of high
profile contracts and is currently advising on over $4 billion of
construction disputes. This investment will support an active
expansion strategy, through ongoing organic growth as well as
selective acquisitions. Blackrock intends to expand its
international focus and, following this investment, is planning to
open new offices in Dubai, Singapore and other international
arbitration centres."
This information is provided by RNS
The company news service from the London Stock Exchange
END
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