Calash advises WestBridge on its acquisition of GoBe

Calash is pleased to announce that it has provided commercial due diligence services to environmental consultancy APEM, and its private equity partner WestBridge, with commercial due diligence services regarding its acquisition of GoBe Consultants, an offshore wind planning and environmental consultancy.

Manchester-based APEM will acquire the GoBe Consultants to complement its recent purchases of Woodrow (07/2021) and AQUAFACT (2022). The latest transaction will create a combined entity set to generate this year an EBITDA of GBP 8m, compared to GBP 2m in 2019, and a headcount of 380 people.

Calash provided commercial due diligence on the deal on behalf of WestBridge and APEM, including a detailed review of the target’s business activities, service demand from existing and adjacent markets and a full competitive benchmarking exercise.

The Calash team included Rob Neves, Mario Petrov, and Alex Burton.

“We are really grateful for Calash’s support on this project. The team’s experience in the offshore wind market really helped us understand the requirements of current, and potential customers, more fully, and map the global potential that can be unlocked through the combination of these two leading businesses.”

Peter Barkley, Investment Director of WestBridge

Read the full press release Here

APEM Ltd. a world class environmental & geospatial consultancy. The company is a specialist in marine, freshwater, terrestrial & geospatial data.

GoBe Consultants Ltd is a leading UK consultancy in offshore wind NSIP projects. The company provides strategic and project-specific planning and environmental advice to the offshore development industries, the company is a specialist in offshore renewables, marine aggregate dredging and port development.

WestBridge is a leading Private equity firm that invests between £10m and £25m in established, profitable and ambitious UK SMEs.

Related

Deals

Calash advises EV Holdings on its sale to Enersol

Calash is pleased to announce that it provided vendor commercial due diligence to EV Holdings (EV),  a leading global provider of vision-based diagnostics and analytics services for the oil and gas sector, in support of its sale to Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holding.

Read More »
Executive Insights

Electric Vehicles: Electrification across transportation supply chains

Electric vehicles are becoming a normal part of our everyday lives, but the adoption of electrification technology across heavy transportation could take a different path to decarbonisation – how applicable is battery technology to larger vehicles? How quickly will electrification find adoption across freight and supply chains?

Read More »
Deals

Calash advises Chiltern Capital on its investment into Empteezy

Calash is pleased to announce that it has provided environmental and commercial due diligence to private equity investor Chiltern Capital on its investment into Empteezy, a designer, manufacturer and distributor of industrial safety products and solutions, focussed on environmental protection, spill prevention and EV battery storage. 

Read More »
Deals

Calash advises Foresight Group on its investment into FIS Chemicals

Calash is pleased to announce that it provided commercial due diligence to Foresight Group on FIS Chemicals, a leading chemical producer specialising in the formulation, manufacture, and distribution of chemical products across a range of industrial sectors, including oil and gas, renewables, marine, hospitality, and logistics.

Read More »
Deals

Calash advises Foresight Group on its investment into Quanta EPC

Calash is pleased to announce that it has provided commercial due diligence in relation to the investment by infrastructure and private equity investment manager Foresight Group on its investment into Quanta EPC Holdings Limited, a specialist provider of engineering and consultancy services to the energy sector, focused on improving UK energy security and supporting the energy transition from fossil fuels to renewable energy. 

Read More »
Deals

Calash advises Strada Partners on its investment into Elsyca

Calash is pleased to announce that it provided commercial due diligence support to Strada Partners on its majority shareholder investment into Elsyca, a European digital twin simulation software company focussed on predicting and preventing corrosion of critical oil and gas and other energy sector assets. 

Read More »
Deals

Calash supports OEG on its acquisition of OPS Wind

Calash is pleased to announce that it provided voice-of-the-customer support to OEG Offshore on its acquisition of Offshore Painting Services Limited (OPS Wind), a leading provider of specialist operations and  maintenance (O&M) and training services to the offshore wind sector. 

Read More »
Deals

Calash advises on the partial sale of Wood Thilsted

Calash is pleased to announce that it has provided vendor commercial due diligence services to the owners of Wood Thilsted, a global offshore wind engineering consultancy, which has successfully gained a minority investment from Inflexion, a leading mid-market private equity firm. 

Read More »
Deals

Calash advises PTL on Stanley Oil & Gas acquisition

Calash is pleased to announce that it has provided commercial due diligence services to Pipeline Technique (PTL), an onshore and offshore infrastructure welding, coating, and fabrication services provider owned by Bluewater, on its acquisition of the oil and gas division of Stanley Black & Decker, the major international pipeline services and equipment company.

Read More »