Lexington Corporate Finance is pleased to announce that it has acted as the Corporate Finance Advisor to the Shareholders of Wales Environmental, a leading drainage and liquid waste disposal operator in Wales and the South West of England.
Lexington acted as the lead advisor and presented the acquisition opportunity to a range of potential acquirers. BioMarsh Environmental quickly became the standout strategic acquirer for the business and offers Wales Environmental a place to develop and grow as part of the Group. The Lexington team of Tom Coombes, Pablo Shorney and Jade Burgess together managed exchanges with all of the potential acquirers, negotiated terms and guided the process through to a successful completion.
Pablo Shorney, Associate Director, said: “We are delighted to have acted for the Shareholders and to provide an exit for the institutional shareholders, BGF and DBW. There is an excellent strategic fit between the two companies which should ensure the future success of the combined business.”
Hannah Waters (BGF), said “It was great to work with the team at Lexington on another portfolio exit for BGF in Wales. Tom, Pablo and Jade played a fundamental role in finding the right strategic buyer for Wales Environmental and supporting the transaction through to a successful completion.”
Legal advice to the Shareholders was provided by Christian Farrow, Elle McCook and Emma Lewis at Acuity Law.
It was great to work with the team at Lexington on another portfolio exit for BGF in Wales. Tom, Pablo and Jade played a fundamental role in finding the right strategic buyer for Wales Environmental and supporting the transaction through to a successful completion.