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

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.