BGF-backed asbestos specialist completes second acquisition
An asbestos service provider has acquired Quality Environmental Services, marking the second acquisition for the BGF-backed firm.
Newcastle-under-Lyme based Environmental Essentials has snapped up water and air hygiene management specialist QES, which is located in Sheffield and Sandbach.
The firm employs 35 people and works across food manufacturing, healthcare, leisure and hospitality, and education, to develop and deliver air and water quality regimes to organisations.
Richard Powner, executive director and co-founder of Environmental Essentials, said: “The acquisition of QES makes perfect sense for Environmental Essentials. Water hygiene, air hygiene, and asbestos management are three major areas of compliance and are highly complementary from a business perspective.
“By incorporating the wealth of expertise and capabilities of QES into our business, we can diversify our offering and gain national coverage for our water hygiene services. Not only does it allow us to cross-sell our existing services into new and untapped markets, while providing our workforce with a fantastic opportunity to upskill in the area of water and air hygiene, but it also strengthens our compliance proposition, which includes our recently launched online risk management tool, OMNI.”
In total, BGF has invested £5.6m in Environmental Essentials, as it looks to cement its position across the UK as a ‘one-stop-shop’ for key compliance services, including asbestos management, water hygiene and fire risk management.
BGF investor, Jon Earl, said: “The acquisition of QES is yet another demonstration of the team’s ambition and desire to build a company that has the strength and depth, in personnel, services and technological capabilities, to meet the growing needs of customers across the compliance landscape.
“BGF aims to invest in innovative and exciting businesses that are vital to the country’s economic growth – dynamic businesses that are well positioned to seize opportunities and manage a multitude of challenges in a measured way. Environmental Essentials is an excellent example of this and we’re delighted to be supporting them with their latest acquisition.”
