TLT advises shareholders of Sheffield-based environmental consultancy

National law firm TLT has acted for the shareholders of air and water hygiene management business Quality Environmental Services Limited (QES) on the sale to one of the UK’s leading asbestos management companies, Environmental Essentials Limited.

Environmental Essentials, supported by one of the UK’s most active equity investors, BGF, is currently undertaking an ambitious buy-and-build growth strategy. This latest acquisition will help bolster the company’s offering across key compliance services and offer a pathway to diversifying its business into the water and air hygiene sector.

The deal will see QES’s co-founders, Dave Beatson and Tim Jones, remain with the business, bringing a wealth of water and air hygiene expertise to Environmental Essentials.

TLT provided legal advice on all areas of the sale. The transaction was led by corporate partner Ian Roberts, supported by corporate associate Kirsty Wilson. The deal also involved cross-practice expertise with Will Birtwell and Anique Khan from the real estate team; William Ngan and Olivia Curtis in the tax team; and Oliver Sargent in the employment team.

Commenting on the deal, co-founder of QES, Dave Beatson said: “Our acquisition by Environmental Essentials makes sense for all parties, as the water hygiene, air hygiene, and asbestos management sectors are three major areas of compliance that are highly complementary. I would like to thank TLT for their consistent support throughout this transaction – their hard work and expertise has been instrumental to the smooth running of the process.”

Ian Roberts, corporate partner at TLT added: “It has been a pleasure working with the team at QES to get this acquisition over the line. QES’s acquisition by an ambitious, growing company, backed by the BGF demonstrates there is an appetite for investment into businesses with a strong proposition, despite a slowdown in the M&A market throughout 2023/24.”