Mon, 12 Feb 2024 | BUSINESS SALE
HSL Compliance has acquired Plexus Innovation, a Durham-based company that provides digital transformation services for the facilities and energy management sectors. The company utilises internet of things (IoT) technology to build clients bespoke remote monitoring technology.
The acquisition, HSL’s fourth in the space of 18 months, will enhance the firm’s water safety services, with Plexus’ technology enabling HSL to accurately and remotely monitor client’s water assets, alert them to issues as they occur and allow its engineers to take targeted action to resolve problems.
HSL Compliance Chief Executive Gavin Hartley said that Plexus’ team, led by co-founder and managing director Steve Todd, “have developed a market-leading remote monitoring solution that will help us to stay at the forefront of technological innovation within the water safety industry.”
Hartley continued: "With Plexus Innovation in the HSL family, we can continue to offer the best solutions to our clients who have entrusted HSL with the safety of their staff and customers."
Steve Todd added that the combination of Plexus’ technology with “the requirements of HSL’s customers” would help to accelerate the company’s growth. Following the acquisition, Kelvin Belben has been appointed Plexus Innovation director and will continue to lead the company’s sales and marketing operations.
HSL Compliance is headquartered in Herefordshire and helps clients to remain compliant with health and safety legislation. The company provides water safety services, such as water treatment and Legionella compliance, as well as supporting clients with a range of other building safety requirements, such as hazardous materials safety, fire safety and other environmental health and safety services.
Over the past 18 months, the company has completed the acquisitions of Jordan Environmental, DMA Canyon and Chemical Treatment Services.
Read about the latest trends in environmental and sustainability services M&A
What factors are driving dealmaking in the professional services industries?
An opportunity has arisen to acquire an IT network support service provider based in the North of England. With more than a decade of trading history, this business has attained a strong market position as a specialist providing critical network infr...
An opportunity has arisen to purchase a Managed Service Provider (MSP) and IT consultancy based in Southeast England. The company is well-established, with a trading record spanning over 25 years.
An opportunity has arisen to acquire an IT company based in Aberdeenshire. This profitable business has grown consistently since it was established in 1989 to provide a portfolio of key IT support and services to its loyal customer base throughout Sc...
26
|
Jul
|
Tunnelling construction technology company falls into administration | ADMINISTRATION
A tunnelling construction technology company based in Basing...
26
|
Jul
|
Sumer firm RMT completes second deal of the year | MERGER
RMT Accountants & Business Advisors, which is part of the Su...
25
|
Jul
|
Occupational health service provider secures PE backing for acquisitions | BUSINESS NEWS
A Hull-headquartered provider of occupational health service...
22
|
Jun
|
Acquisitive compliance firm swoops for health & safety specialist | BUSINESS SALE
A Lancashire-based health and safety specialist has been pur...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.