West Yorkshire based, Spencer Civil Engineering has secured new investment for development and expansion in a deal supported by Yorkshire advisers.
Established in 2018 by MD, Ben Williams, the company has become a sought-after and trusted specialist contractor to the likes of Aldi and the NHS and many principal contractors.
Delivering high quality groundworks and infrastructure solutions across the region, the company focuses on small to mid-sized projects including roads, sewers, reinforced concrete structures and earthworks.
The company’s reputation for reliability, technical capability, and hands-on-site delivery has enabled them to build trusted relationships with developers, contractors, and public-sector clients throughout Yorkshire and beyond.
The injection of capital comes at an exciting time as it will enable Spencer Civil Engineering to expand their reach geographically and take on larger and more complex projects over the coming months and years.
Ben Williams, Managing Director said “We are really pleased to receive backing from FW Capital to assist with the acceleration of our growth plans over the coming years. Thank you to Brad and Josh at Castle Square for their support in securing this funding package for us”.
Brad Green, Partner, at Castle Square Corporate Finance advised on the development funding.
Brad told us “Ben and his team have built such an impressive presence in the Civil Engineering sector over the last seven years. He has tremendous growth ambitions, for which this development capital from FW Capital will unlock his ability to execute.
It has been a pleasure for Castle Square to work with Ben and his management team. We look forward to supporting them further, as they continue to scale.”
Alexandra Gent, Senior Investment Executive, of FM Capital added ‘We’re delighted to have been able to support the Spencer Group with the next stage of their growth, building on the successes they’ve already enjoyed to date.
I’d like to thank Brad and Josh at Castle Square, who not only provided support to Ben at the Company, but also ensured the smooth progression of the process and were always on hand to answer questions.
It has been a pleasure working with everyone involved and I look forward to seeing what comes next.”