Rutland backs infrastructure service JSM

The company's founders, Stuart Wiltshire and John Scanlon, will continue to lead the business.

JSM is the 10th investment from Rutland Fund III, which closed on £263m in January 2015.

Rutland was selected by the founders because of its experience in helping manage organisations through both change and expected growth, according to a statement. In addition to supporting JSM's growth plans in its core markets, Rutland will work with JSM to enhance its platform to enable the next phase of growth in complementary areas.

Company
Herts-based JSM is an infrastructure service to the UK's digital communications and power sectors, and was founded in 1998. The company provides services across multiple areas including fibre to the premise, the core fibre infrastructure network, mobile networks and data-centre connectivity, as well as high-voltage connections in sectors including renewables and battery storage. The company reported revenues of £70.32m in 2019.

People
Rutland Partners – David Wardrop (partner); Matthew Hamilton-Allen (investment director).
JSM Group – Stuart Wiltshire (managing director); John Scanlon (operations director).

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