Headquartered in Nottingham, UK, Phenna Group’s aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers’ peace of mind by delivering first class assurance services. This is the first acquisition made by Phenna Group in 2022 and further strengthens our presence in the broader Built Environment/Construction sectors.
Founded in 1999, JHAI is a market leading Approved Inspector, licensed every five years by the government, via the Construction Industry Council (CIC), to carry out Building Regulations approvals (Building Control). The business has an established national branch network and boasts a highly experienced team of surveyors, all being members of a relevant professional body (RICS, CABE etc.). The business is focused on the high-volume residential repair, maintain and improvement (RMI) sector, with new build residential and commercial/public building sectors making up the balance. A key differentiator is DORIS, a bespoke IT system, streamlining the scheduling, site data collection and client reporting to create a highly efficient inspection platform.
Matt Read, Chairman of JHAI commented, “I am excited to partner with Phenna Group. At JHAI, we have grown significantly over the last few years and wanted to secure a partner who understood and supported our ambitions. From our first dealings with Paul and his team, it was clear they understood our business, would support our growth plans and their autonomous model would create a real partnership culture, where our team could flourish. It was an easy decision, the process has been smooth and they have acted with integrity throughout. I’m looking forward to the seeing JHAI expand in the coming years.”
Paul Barry, Group CEO of Phenna Group said: “I am really pleased that Matt and his team have agreed to join Phenna Group. JHAI have built an excellent reputation as one of the leading independent AI’s in the marketplace and they fit closely with our strategy of creating a differentiated group of leading niche TICC businesses. Their culture and ambitions align closely with ours and I’m looking forward to working with Matt and his team, to help deliver their very ambitious growth plans.”
Phenna Group were advised by Avonhurst and Johnston Carmichael.
JHAI were advised by Premier Corporate Finance, Anthon Marlow Accountants and Harrop, White, Vallance and Dawson.
For further information on Phenna Group, please visit: www.phennagroup.com
For further information on JHAI Limited, please visit: www.jhai.co.uk