Deal enables private equity house to fund MBO at niche Stockport firm

From left: Dr Adrian Williams, Valerie Kendall, Dr Stuart Clough, James MacLeay
Private equity house Westbridge Capital has backed the management buyout of Stockport-based APEM Ltd, an independent environmental consultancy specialising in the aquatic environment and remote sensing. The deal has seen WestBridge invest £9.8m in a combination of equity and loan notes, which will support the company’s growth ambitions as it develops complementary service lines to support its clients’ needs. The transaction has allowed the business founder, Dr Keith Hendry, to retire and pursue his long-standing non-commerc... For the full story register now for free or login below...