Quercus Corporate Finance announces sale in the waste management sector

October 21, 2019
Neil Giles

Quercus Corporate Finance is delighted to announce the sale of Raymond Brown Waste Solutions to Collard Group.

The Quercus team, led by Mark Whelan, advised Raymond Brown Group and Elysian Capital (owner of the Raymond Brown Group) on the sale of Raymond Brown Waste Solutions Limited to Collard Group Limited, a leading demolition and waste management business in the South East of England.

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.

Mark Whelan, Partner at Quercus said:

“We are delighted to have supported Raymond Brown Group and Elysian Capital in the successful sale of the Group’s Waste Solutions Business.  This transaction is a great result for both Raymond Brown and Collard Group, providing Raymond Brown with the chance to focus on their target sectors and Collard Group with strategic expansion in both the services it offers and the area it serves.”

Don Coates, Chief Executive Officer of Raymond Brown Group added:

“Raymond Brown Waste Solutions has been a key part of the group’s overall development but will now have more opportunities for growth as part of a focussed waste business. The sale of Raymond Brown Waste Solutions is an important step for Raymond Brown Group to facilitate our focus and investment in our Quarry Products and Fortis IBA divisions both of which have had recent success in securing new reserves and contracts.  We are pleased with the outcome which Mark, Paul and the Quercus team have achieved, which meets our strategic goals while providing a solid future for the Waste Solutions business and its employees as part of the Collard Group.”

Robert Collard, Founder and Owner of Collard Group, said:

“The integration of Raymond Brown Waste Solutions’ facilities, fleet, equipment and people including the existing management team will enable us to achieve a seamless transition of service for existing customers.  The deal brings together two successful businesses and strong brands, giving us more capacity across a much bigger area and expanding the services available to Raymond Brown Waste Solutions’ existing customers.”

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