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BCIS: investment in technology and data

Supporting the creation of an independent company.

BCIS is the UK’s leading cost benchmarking and valuation platform for construction.

Deal type
  • Carve out

First established as a service in 1961 by the Royal Institution of Chartered Surveyors, BCIS is the UK’s leading cost benchmarking and valuation platform for construction. 

BCIS supports approximately 4,000 customers across the construction, facilities management and insurance sectors, providing access to the industry’s most comprehensive data sets on building costs and rates. Subscribers access its services through a range of online applications, publications and data licensing agreements.

Partnership to invest in technology and data

LDC backed the management team, led by CEO James Fiske, in 2022 to further invest in its technology platform and data in order to enhance its services and insight for its customers.

RICS will continue to retain a minority shareholding in the company.

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We were impressed by LDC’s track record in supporting data-led, technology-based businesses like ours, as well as its experience of working with professional bodies as a co-investor. They also quickly understood the importance of our customer relationships, who rely on our services day in, day out, to deliver for their clients. This is an exciting new chapter for BCIS, its customers and its people.”
James Fiske, CEO
BCIS