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New Deal


Announced

Completed

Marlowe completed the acquisition of WPL for £10m.

Financials

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Transaction Value£10m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales1.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Single Bidder

United Kingdom

Completed

Waste and Disposal Services

Domestic

wastewater treatment

Acquisition

Friendly

Synopsis

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Marlowe, a provider of business critical services and software, completed the acquisition of WPL, a provider of wastewater treatment and compliance services across the UK, for £10m. "The acquisition of WPL marks another significant step in the development of our strategy for water and air compliance services. Following the acquisitions of Suez Water Conditioning Services in 2018 and Clearwater Technology in 2019, alongside a number of bolt-on acquisitions and strong organic growth, our Water & Air Compliance business now generates run-rate revenue of over £100m and has the broadest service capabilities and coverage in the UK. We look forward to the contribution that WPL will make to our continued growth in this market," Alex Dacre, Marlowe CEO.

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