THI Investments, a family-owned investor of long term capital with offices in Stuttgart and London have a background in the automotive space. They are providing WJ Group with the capital, operational understanding and support for sustainable organic growth, acquisitions and technological advancement.
This partnership will enable WJ to expand its products and services as well as customer base whilst continuing to develop value-added solutions for clients across the UK road network.
Edmund Buckley, THI Managing Director Private Equity said:
“WJ Group is an impressive business and we are pleased to partner with a management team who exhibit a great culture and responsible approach to business including a focus on safety and sustainability for people, customers, communities and the environment”.
A partnership agreement was reached following a lengthy, in-depth and careful due diligence process to ensure that the vision and values of both parties were fully aligned.
Wayne Johnston WJ Group Managing Director commented:
“We are excited about attracting such a high calibre partner in THI and whilst our existing management team will not change, we will now have significant investment and business development support to take advantage of the unique opportunities presented by a rapidly changing industry”.
WJ intend to be at the forefront of future industry advancement and this new partnership is expected to put them in a strong position to provide highway clients with the absolute best innovative solutions for safety, customer and delivery.