CVC invests in Ridge as Horizon exits with 5.3x return
The Oxford consultancy doubled headcount and more than doubled revenue during Horizon’s three-year ownership period.
Horizon Capital sold its investment in Ridge to CVC Capital Partners, generating a 5.3x return. Ridge is an Oxford-based consultancy providing planning, advisory, design, engineering and project-management services for the built environment.
Established in 1946, it works across data centers, defense and security, healthcare, education and infrastructure. Since Horizon invested in April 2023, Ridge’s headcount has grown from about 800 to 1,600.
The business completed six acquisitions and more than doubled revenue, combining those purchases with double-digit organic growth.
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