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Announced

Completed

Sun European Partners completed the acquisition of Adler & Allan from LDC for $144m.

Financials

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Transaction Value£105m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Environmental Consulting

Acquisition

environmental risk

Private

Friendly

United Kingdom

Private Equity

environmental risk reduction

Majority

Single Bidder

Domestic

Completed

Synopsis

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Sun European Partners, a private equity firm, completed the acquisition of Adler & Allan, a UK environmental risk reduction specialist, from Lloyds Development Capital, the private equity arm of Lloyds Banking Group, for $144m. “Business services continues to be a key area of focus for Sun European, and our investment in Adler & Allan is another example of our commitment to finding value in this sector. The Company’s strong reputation for high quality service, as well as its leading position in the growing environment risk management market, shows its enormous potential. We look forward to working closely with the management team at Adler & Allan and supporting them in delivering their ambitious plans for growth both organically and through acquisitions,” Paul Daccus, Sun European Partners Managing Director.

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