Funding round
RSK Group Growth
Reported as "Growth Equity"
RSK Group, which works in environmental consulting services in Frodsham, raised $690M in a Growth round announced on 23 Sep 2024, led by Searchlight Capital and Ares Management. 4 firms took part.
$690M
Amount raised
520,000,000 GBP converted
Not disclosed
Post-money valuation
4
Investors
2 leads
Valuation
What this round says about the price
RSK Group did not disclose a valuation in this round. It is RSK Group's first venture round on record, 35 years after it was founded in 1989. No later venture round is on record for RSK Group.
RSK Group's funding rounds
This is the only venture round on record for RSK Group.
- Debt not a venture round 23 Sep 2024 $400M
- Growth this round 23 Sep 2024, led by Searchlight Capital and Ares Management $690M
Investors
Who put money in
Searchlight Capital and Ares Management led the round with 2 other firms.
Lead investors
- backs 9 venture-backed companies new investor
- Ares Management new investor
Also in the round
- backs 3 venture-backed companies new investor
- backs 71 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations, acquisitions and working capital.
- Geographic expansion
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
5 Growth rounds in Environmental Engineering Services within a year either side disclosed an amount; the median was $70M, and this round was 9.9 times the median. The closest in time, other companies' Growth rounds in Environmental Engineering Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| STAX Engineering Environmental Engineering Services | 17 Jul 2024 | $40M | not disclosed | Upper90 |
| Environmental Engineering Services | 26 Jun 2024 | $21M | not disclosed | not named |
| STAX Engineering Environmental Engineering Services | 26 Feb 2025 | $70M | not disclosed | Firstime Credit and Deutsche Bank Private Credit & Infrastructure |
| STAX Engineering Environmental Engineering Services | 23 Mar 2025 | $150M | not disclosed | not named |
| Climeworks Environmental Engineering Services | 2 Jul 2025 | $162M | $1.10B | BigPoint Holding and Partners Group |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did RSK Group raise in its Growth round?
RSK Group raised $690M in its Growth round, announced in Sep 2024.
Who led RSK Group's Growth round?
Searchlight Capital and Ares Management led it, with Penta Capital and BGF.
What was RSK Group's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Environmental Engineering Services?
5 Growth rounds in Environmental Engineering Services within a year either side disclosed an amount; the median was $70M, and this round was 9.9 times the median.