We have achieved significant growth in recent years, particularly in our Power delivery, which has accomplished organic sales growth of c.55% p.a. since acquisition by Rutland. Successfully developing our market leading position and benefitting from trends around growing data demand and connectivity requirements (data centres), electrification (utility investment) and decarbonisation (renewables).
Over the coming months and years, we will see our pipeline build successfully, expanding internationally with operations established in both Ireland and Germany which will further accelerate our growth, alongside our partners TowerBrook.
TowerBrook is a purpose-driven, transatlantic investment firm with experience investing in businesses across the consumer, financial services, healthcare and technology, media, and service sectors. The firm has a strong history of investing in industrial companies that span a range of sectors, including aerospace, automotive, chemicals, construction, metal recycling, and transformative technologies.
JSM will continue to be led by CEO Stuart Wiltshire, with most of the senior team remaining in the business, as it expands its customer base and further develops into international markets.
Stuart Wiltshire, CEO, JSM says:
“On behalf of myself, John and the JSM team I would like to thank David and Chris from the Rutland team for their enthusiasm and ability to perfectly balance their ongoing support with the need to give JSM space to deliver on its commitments. JSM is now well positioned to continue our venture to be the most trusted utility infrastructure services provider and is excited to do this alongside TowerBrook. In addition, we’d like to extend thanks to the Clearwater team, led by Paul Jones, Zack Goddard and Dom Moir, for delivering a seamless and enjoyable process, we couldn’t be more appreciative.”
David Wardrop, Partner at Rutland said:
“JSM is a fantastic, high-growth business supporting the data centre market as well as the ongoing energy transition, and we are delighted with the successful exit to TowerBrook. I would very much like to thank Stuart Wiltshire, John Scanlon and the rest of the JSM team for the exceptional job they have done in growing JSM and we wish them every success for the future.”
Joseph Knoll and Sumit Dheir of TowerBrook said:
“We are excited to be working with the founders and management team at JSM. We have spent several years following the infrastructure services sector and JSM stood out as an exceptionally high-quality asset with an impressive development in the past few years. We are convinced that with our extensive industrial services experience we are the right partners to support the founders and management team in the next phase of growth, both in the UK and internationally.”
