Mon, 19 Aug 2024 | BUSINESS SALE
The private equity business at Goldman Sachs Alternatives has completed the acquisition of a majority stake in environmental risk reduction and advisory services provider Adler & Allan. The deal is expected to drive investment in the company and accelerate its M&A activity.
Harrogate-headquartered Adler & Allan was founded in 1926 and has a team of more than 1,600 employees and over 2,500 customers. The company is an environmental risk reduction specialist, working with organisations to manage, improve maintain and upgrade critical infrastructure.
The company is a utilities sector partner and provides services ranging from strategic infrastructure advice, monitoring, data and analytics and environmental consultancy to frontline operational capability.
An agreement for the private equity business at Goldman Sachs Alternatives to acquire a majority stake in Adler & Allan from an affiliate of Sun European Partners was first announced in April 2024. The deal will see the business continue to be led by its existing management team, under the leadership of group chief executive Henrik Pedersen.
At the time the agreement was announced, Jose Barreto and Mihir Lal of the private equity business at Goldman Sachs commented: "We are delighted to partner with the Adler & Allan team and look forward to accelerating the company's growth trajectory. We see tremendous value creation opportunity for the business via our platform both organically, and through a targeted acquisition strategy both in the UK and overseas with a continued focus on sustainability, climate transition, and water."
In partnership with Goldman Sachs Alternatives, Adler & Allan is expected to accelerate its M&A activity in the UK and internationally, with an ongoing focus on climate transition, sustainability and water. The group will also seek to continue to invest in its staff, technology and innovation.
Adler & Allan Group Chief Executive Henrik Pederson commented: "We are excited to join forces with Goldman Sachs, a global leader who shares the same vision for growth. This strategic partnership will enable us to expand our services and create significant value for our clients. We look forward to working together to put ESG into action for more customers in more markets."
Consulting is a major driver of sustainability and environmental services dealmaking
The company is a modern, innovative architectural practice, utilising its comprehensive in-house expertise to work alongside its clients to deliver commercially successful, functional and creative medium- and large-scale residential developments thro...
A provider of a comprehensive consultancy service covering structural and civil engineering. As a party wall specialist, the company is also able to monitor works for compliance with the Party Wall Act. Over its period of operation, the company has c...
Founded in the 1960s, the company has established itself as a market leader in B2B communications for the FMCG sector. Acting as a complete end-to-end service provider, the company offers content design, video production, VR services, live events, co...
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.