BPR Group Europe Limited trading as Paper Round (“BPR”) is one of the leading independent waste management businesses in the South East. Reef Environmental Limited (“Reef”) is an independent provider of waste and recycling services across East Sussex and Kent. Reef’s customer base and geographical footprint are highly complementary to that of BPR, providing a great opportunity for the combined business in the marketplace. The enlarged business will also offer greater opportunities for the management and staff in both businesses in Sussex and beyond.
Headquartered in High Wycombe, Simply Waste is the leading provider of recycling and waste management services in London and the South East of England. Founded in 2006 by James and Natalie Capel the business has a major operational footprint with its main site located close to Heathrow Airport providing unparalleled access to the buoyant London market, as well as the Home Counties and has regional depots spanning the South of England.
Quercus has been working closely with James and Natalie since 2019 to help formulate an exit strategy including preparing the business for sale. We marketed Simply Waste to a select audience and advised on all aspects of the transaction from deal strategy and preparation through to marketing and finally negotiation of pricing and deal structure. A key part of our role was dealing with the challenges presented by Covid-19 and ensuring that the transaction remained on track during Lockdown.
Reconomy (UK) Limited (“Reconomy”) is the UK’s largest outsourced waste management and recycling business. It is backed by private equity investor, EMK Capital.
Advanced Waste Solutions Limited (“AWS”) is a provider of outsourced waste and recycling services, based in Ringwood, Dorset.
AWS’s customer base is highly complementary to that of Reconomy, providing a great opportunity for customers, suppliers and staff of the combined businesses.
With operations across three sites in Oxfordshire and Hampshire, Raymond Brown Waste Solutions is a key regional business providing skip hire, grab hire and other waste management services in Hampshire, Berkshire, Wiltshire and Oxfordshire.
Collard Group provides similar services from sites across Hampshire, Berkshire and Surrey alongside demolition works, asbestos removal and groundworks. The acquisition of Raymond Brown Waste Solutions provides a strategic geographic expansion for Collard Group, enabling them to consolidate and expand their reach in adjacent areas.
Headquartered in Brownhills in the West Midlands with further operations in Dudley, ERG is one of the UK’s largest privately owned hazardous and non-hazardous waste management groups. The founder shareholders have been transforming the hazardous waste industry for more than 20 years, driven by a vision to reduce materials away from landfill and provide clients with cost effective and environmentally compliant waste management solutions.
The combined business will have greatly increased scale enhancing its competitiveness in the marketplace as a result of cross-selling opportunities and increased economies of scale. It will also provide Red with access to ERG’s market-leading sales and client support team and sought-after and innovative European trans-frontier shipment routes, unlocking further opportunities for the enlarged group.
Devon Contract Waste Limited (“DCW”) is one of the leading independent waste management business in the South West.
Alpha Utilities Limited (trading as Alpha Logic) is a provider of waste and recycling services across Devon and Cornwall.
There are significant synergies available through combining the two businesses andAlpha’s customer base is highly complementary to that of DCW, providing a great opportunity for the combined businesses in the market place. The enlarged business will also offer greater opportunities for the management and staff in both businesses.
Headquartered in Alton, Hampshire with further offices in Edinburgh, Daventry and Buckingham and operations at Bristol and Edinburgh Airports, SWRnewstar is one of the UK’s largest outsourced waste management companies, providing its broad customer base with flexible and innovative solutions to improve waste segregation, reduce costs and help them build a better environmental plan.
Biffa is an established sub-contractor to SWRnewstar, servicing around 11% of SWRNewstar’s customers’ requirements. The acquisition provides Biffa with the opportunity to increase the proportion of work serviced by its collection and processing network, as well as expanding routes to market.
Founded in 1995, Weir Waste Services Limited (“WWS”) is one of the largest independently-owned commercial recycling and waste management businesses in the West Midlands. WWS provides total waste management solutions for the assessment, collection, recycling and disposal of commercial waste. WWS has focused on investing in the latest automated sorting technology to deliver increasing recycling, recovery and purity rates, delivered through continued investment over the years including the construction of a state-of-the-art materials recycling facility at Oldbury, near Birmingham.
Biffa plc is a leading, UK-listed, integrated waste management company.
The Westcott Park AD facility, located near Aylesbury in Buckinghamshire, is one of the most modern in the UK, and is capable of processing up to 48,000 tonnes of food waste per annum and turning that into electricity which is then sold into the National Grid, with the solid residual material used as a bio fertilizer in agriculture. The facility receives both pre-and post-consumer food waste from local authorities and commercial customers.
The facility was considered to be a non-core part of Renewi UK Service Ltd’s business, which is primarily focused on large municipal waste processing and recycling contracts.
Quercus undertook a focussed sale process, identifying Olleco, one of the UK’s largest collectors and processors of food waste and waste cooking oils.