Environmental consultancy RSK Group, which has a turnover of more than £1bn, has secured a £500m investment. The Cheshireheadquartered company, which employs more than 15,000 people and operates in 40 countries, has received the investment from a consortium led by Searchlight Capital Partners, L.P, and Ares Management Corporation funds. Ares has also committed an incremental £300m debt facility to further support RSK's growth plans, bringing total available debt facilities provided by Ares to £1.4bn. RSK Group, founded in 1989 by chief executive Alan Ryder, provides environmental and sustainability services to clients such as major water companies. Ryder said: "RSK is very pleased to welcome a new group of investors".

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