12 May 2022

BKL completes sale of quantity surveying and expert witness business

News

We’re delighted to have completed the sale of Base Quantum to SOCOTEC UK.

Base Quantum is a quantity surveying, dispute resolution and expert witness practice based in the UK. Over the past 10 years, its team has advised on high profile global construction disputes nationally and worldwide.

SOCOTEC UK is the UK operation of the global business of SOCOTEC, which is headquartered in France. SOCOTEC UK is a leader in testing, inspection and certification in the UK construction, infrastructure and environment sectors. It has over 5,000 clients and offers over 200 services.

The sale allows Base Quantum to build on its reputation and offer a far broader range of specialist services internationally, while enabling SOCOTEC to reinforce its own expertise and market position.

BKL was appointed to advise the Base Quantum shareholders on all financial and commercial aspects of the transaction.

Daniel Shear, our corporate finance partner, said: “We have enjoyed working with the shareholders and their team over the last six months and, like them, are delighted at the completion of this deal. It was a long process, and tense at times; but by using our experience, we helped to ensure a successful outcome for both parties. It presents exciting prospects for Base Quantum in the years ahead.”

Tom Taylor, Managing Director at Base Quantum commented: “Daniel and his BKL colleagues have been instrumental in helping us to navigate a challenging process. They have been there for us throughout: dependable, expert and efficient. We’re grateful for BKL’s help and look forward to this new phase for Base Quantum.”

Our corporate finance experts have completed sales, mergers and acquisitions across a range of industries. Find out more about the deals we’ve supported.