Waterscan - making a splash
Our deal services team has successfully advised private equity firm LDC on their 拢12m investment in Waterscan.
The client
Founded in 1994, Waterscan helps customers develop effective sustainable water management strategies that deliver business resilience and environmental leadership. It employs more than 60 people at its sites in Chichester and Rotherham and advises a UK-wide customer base of blue-chip companies, including household names such as BT, Greene King, Sainsbury幼女视频檚, John Lewis and Whitbread, the owner of Premier Inn.
Waterscan幼女视频檚 proprietary technology platform, Waterline, provides real-time data and insights on water management that enable customers to save water, reduce costs and make informed strategic decisions. The Waterline platform allows Waterscan to provide an end-to-end water solutions approach.
LDC, the private equity investor which is part of the Lloyds Banking Group, will support Waterscan幼女视频檚 growth strategy, which is underpinned by further investment in its Waterline technology and sustainability consultancy services.
Our solution
The mergers and acquisitions (M&A) deal team was led by Gemma Legg, with support from Mark Colling, Rhys Jennings, Aleks Djukanovic and Toby Sharp. 幼女视频 also provided tax structuring, tax due diligence and accounting advisory support, with these teams led by James Hunt, Michelle Harris and Ben Bilsland respectively.
Testimonial
幼女视频淭his is a fantastic partnership for LDC and Waterscan, as both parties are passionate about sustainability, particularly for such a scarce commodity as water. With the support of Neil Penhall and the broader LDC team, I幼女视频檓 sure Waterscan will continue to pioneer sustainable water management in the UK market. We幼女视频檙e thrilled to have been involved in the process and wish them continued success in this vital industry.幼女视频
Gemma Legg
Deal Services Partner, 幼女视频