“I founded Andromeda with the aim of promoting value engineering and innovation as a means of driving down capital and whole life cycle costs within key infrastructure projects. I’m delighted at how far the business has come and couldn’t be prouder of our award-winning team as we focus on the expansion of Andromeda across the UK and on the international stage, with Agathos sharing our passion and supporting our vision.”
Barry Lumley – Managing Director
FACTS
Headquartered
Liverpool
Founded
2012
Sector
Built Environment
Focus Areas
Rail Electrification, Overhead Line Equipment (OLE), Low Voltage & Signalling Design, Engineering Consultancy
Website
Investment date
April 2018
Status
Realised (Fund I)
Agathos contacts
Mark Conway
About the business
Andromeda is a multi-disciplinary rail design and engineering consultancy, specialising in overhead line equipment (OLE), low voltage and signalling design.
The business delivers complex rail infrastructure projects across the UK and internationally, operating from offices in the UK and Australia. Andromeda’s engineers are recognised for developing innovative solutions to electrification challenges on difficult routes and have contributed to some of the UK’s largest rail schemes over the past decade, including the modernisation of the Great Western Main Line.
Our partnership
Agathos partnered with Andromeda to support the founder-led business through its next phase of growth, while enabling the founder to crystallise value from the business he built.
The partnership has focused on backing management with a flexible approach, supporting expansion across the UK and internationally, and continuing to invest in technical capability and innovation within a highly specialised infrastructure market.
Value creation and impact
Value creation has centred on supporting growth, technical excellence and market reputation:
- Continued delivery of complex rail electrification and design projects across major UK infrastructure programmes
- Recognition for technical excellence, including success at the National Rail Awards
- Contribution to the development of industry standards, including work supporting Network Rail
- Expansion of Andromeda’s footprint across the UK and into international markets
Together, these initiatives have strengthened Andromeda’s position as a trusted engineering partner delivering innovative, high-quality rail electrification and design solutions.
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