Souter Investments
is one of the UK’s leading family investment offices specialising in private equity



Vintage: December 2022

Sector: Industrials

Location: UK

Type: Carve-out

Souter Role: Co-investor

Souter Director: No

Status: Current

Amey is one of the UK’s leading infrastructure services and engineering consulting company. With an 11,000 strong workforce across 200 locations in the UK, it is a top-5 contractor and trusted partner of the UK Government and public sector. The Company has a 100-year history in engineering design, construction, maintenance, and project management of critical infrastructure assets and its competencies also include data science, analytics and digitalisation amongst a broad range of technical contracting services.


A major employer and partner in areas of the UK that are central to the government’s levelling up agenda (including the Midlands, North of England, Wales and Scotland) their presence in these regions helps to connect communities whilst supporting their recovery from the pandemic. It also makes Amey well placed to support their ongoing regeneration.


In December 2022, One Equity Partners announced the 100% acquisition of Amey from Ferrovial in partnership with Buckthorn Partners for an enterprise value of £400m. Souter Investments invested as part of the Buckthorn led syndicate to strengthen and grow the business and to access new opportunities, particularly in energy transition, where Amey is particularly well-placed to support the UK’s Net Zero ambitions.