Quercus announces acquisition in the outsourced waste and recycling sector

October 29, 2019
Neil Giles

Quercus Corporate Finance is delighted to announce the acquisition of Advanced Waste Solutions Limited by Reconomy (UK) Limited.

The Quercus team, led by Mark Whelan, advised Reconomy (UK) Limited (“Reconomy”), the UK’s largest outsourced waste management and recycling business, on its acquisition of Advanced Waste Solutions Limited (“AWS”), a provider of outsourced waste and recycling services, based in Ringwood, Dorset.

Financial details have not been disclosed.

AWS’s customer base is highly complementary to that of Reconomy, providing a great opportunity for customers, suppliers and staff of the combined businesses.

Mark Whelan, Quercus Partner said:

“I am delighted that we have successfully advised Reconomy on its acquisition of AWS.  Reconomy has been highly successful in growing its operational platform across the UK and AWS is a highly complementary addition to its growth strategy. We wish the combined team continued success in the future.”

Paul Cox, CEO of Reconomy, added:

“I am delighted with the assistance that Quercus provided to our team in developing our strategy and in helping us to focus on value enhancing opportunities as well as for their support throughout the acquisition of AWS.  Their sector knowledge, experience and transaction management skills made a real difference to us in this process.  We are extremely pleased to welcome AWS into our group and look forward to continuing to pursue our growth strategy in the UK.”

News Centre

Recent News

Support on the sale of Amazilia Aerospace to Textron

Quercus International, led by Michael Mortimor, has supported Hauck Aufhäuser Lampe, a fellow member of the Terra Alliance, on the sale of Amazilia Aerospace GMBH (“Amazilia” or the “Company”) to Textron Inc (“Textron”). Hauck Aufhäuser Lampe served as the exclusive financial adviser to Amazilia’s shareholders, whilst Quercus International provided sector input throughout the transaction, and closely […]

NVM invests in MRO+ Solutions Group

A Quercus International team, led by Michael Mortimor, has provided sector-led buy-side support to NVM on their investment to support the management buyout of MRO+ Solutions Group. MRO Solutions is a highly technical, value-added distributor of critical products to a range of process and manufacturing industries.  The Group operates nationally through its wholly owned subsidiaries, […]

Literacy Capital invests in Live Business

A Quercus International team, led by Michael Mortimor and Andrew Clegg, has advised the shareholders of Live Business Limited (“Live Business” or the “Company”) on an investment in the business by Literacy Capital plc (“Literacy Capital”), giving it a significant minority stake. Since its establishment by Mark Dixon and Dan Lock, Live Business has evolved […]

1 2 3 32
arrow-right