Obsequio Group has added asbestos compliance capabilities to its services, with the acquisition of Environtec. The acquisition will further expand the Leicester-based provider of fire detection, safety, security and water hygiene solutions’ geographical reach, with the addition of its first office in Scotland.
Specialists in asbestos compliance and water hygiene, Environtec is a UKAS-accredited Inspection Body and Testing Laboratory, a member of the United Kingdom Asbestos Training Association (UKATA) and an affiliate member of the British Occupational Hygiene Society (BOHS).
Environtec is headquartered in Chelmsford, Essex, and its 215 colleagues operate from five locations across England, Scotland and Wales, with other offices in Mansfield, Newcastle, Newport in Wales and Hamilton in Scotland.
Three of Environtec’s existing shareholders – Paul Shaw, Dan McGuire, and Ricci Price – will remain with the business, offering their expertise to help grow the operation, with a fourth, Matthew Dennis, stepping down and heading off on new adventures.
Obsequio group M&A director Philip Sarthou said: “We’re delighted that Environtec has chosen to join the growing Obsequio team. As well as sharing the same vision and ethos as the wider group, its addition to our stable will add new compliance capabilities to the business and build on our expanding water hygiene expertise.
“It enables us to offer a cost-effective, high-quality and timesaving one-stop-shop for fire, security, water, energy, air quality, asbestos, environmental compliance and electrical safety to a broader client base. It also provides us with UKAS accreditation and builds on our existing strong customer service reputation.”
Environtec managing director Paul Shaw said: “We are thrilled to be joining the growing Obsequio Group, which shares our approach and values. We look forward to offering our expertise to its many public and private sector clients, while enabling our existing clientele to benefit from the compliance services offered by the wider group.”
The deal follows financing last year from Kartesia, which, in partnership with Beech Tree Private Equity, provides additional fire power to the group’s buy-and-build mission.
Beech Tree Private Equity director Ben Cartwright added: “The addition of Environtec is the latest chapter in helping Obsequio achieve its aim to be the leading multi-disciplinary compliance services provider in the UK. We plan to add further complementary services to the Group over the coming months.”
Kartesia investment director Daire Creighan said: “Environtec represents a strategically important acquisition and will act as a strong catalyst for Obsequio’s future growth in the complementary water hygiene and asbestos compliance sectors.
“We look forward to continuing our partnership with management and Beech Tree and supporting future acquisitions as part of Obsequio’s ambitious buy-and-build strategy in the UK.”
