Announcement: Transition of IWS Asset Performance to AssetPerformance
We are pleased to share an important milestone in the evolution of our business.
As we approach the end of our fourth year of trading, IWS Asset Performance has delivered strong, sustained growth and established a clear position as a specialist provider of technical asset intelligence acrossEurope, the Americas and Australasia. This performance has exceeded our original expectations, positioning the business approximately two years ahead of its initial development plan. Year to date, IWS Asset Performance has further cemented its position as a true global leader, delivering technical asset surveys across more than 20 countries.
This transition marks the next phase in establishing AssetPerformance as the global benchmark for engineering led asset intelligence.
When IWS Asset Performance was established as a subsidiary of the IWS Group, the intention was to build a robust, scalable and repeatable business over a six-year period, focused on asset data collection, agnostic data mapping and engineering led maintenance strategy consulting. This was with a clear view to transitioning into a standalone operating entity once the appropriate scale, capability and infrastructure had been achieved. That position has now been reached ahead of schedule.
Built on solid foundations, the business is supported by anexperienced leadership team and a strong portfolio of blue-chip global clients.This has enabled consistent delivery at scale and underpins our continuedgrowth trajectory.
Accordingly, from 1 July 2026, IWS Asset Performance will formally transition to operate as Asset Performance, an independent entity focused exclusively on delivering asset verification, condition assessment, lifecycle modelling and data led engineering insight to our global client base.
This transition reflects both the maturity of the business and the strength of its market position. It will enable greater agility, increased investment in our methodologies and technology, and enhanced focus on supporting clients across increasingly complex estates, with no disruption to ongoing service delivery.
Our continued international expansion will remain a core focus, with further growth planned across established and emerging markets.Alongside this, we will continue to invest in RUBIX360, our proprietary asset intelligence platform, which sits at the core of our delivery model. Building on its existing AI enabled capabilities, we will take this further through the application of next generation AI, driving enhanced automation, deeper data validation, intelligent asset correlation and increasingly predictive, insight led engineering outputs.
The business will retain its existing ownership structure and leadership continuity. Graeme Ponton will continue as Managing Director, with Jack Hughes formalising his role as Strategic Development Director, reflecting his existing leadership across sales and growth.
Asset Performance and the IWS Group will continue to work closely together, with a strong focus on cross trading and aligned service delivery. This ensures continued collaboration, shared capability and enhanced value for our clients and partners.
A preview of our new branding and visual identity is included within this document. This marks the beginning of an exciting next chapter for Asset Performance, and we look forward to continuing to support our clients with the same technical rigour, independence and engineering led approach that has underpinned our success to date.
