Sale of OCS Environmental Services to Lexia Solutions Group

July 11, 2017
Andrew Clegg

The Quercus team, led by Andrew Clegg, advised OCS on the sale of the company to Leeds-based Lexia, whose divisions include Rhodar, one of the UK’s biggest and longest established asbestos removal contractors.

Financial details have not been disclosed.

OCS Environmental Services Limited is a specialist asbestos removal business with operations in London and the south of England.  The company has extensive experience and expertise in working with asbestos, successfully completing projects across the UK for both public and private sector organisations.

Andrew Clegg, Quercus Partner said:

“I am delighted that we have found OCS’s asbestos business such a good home.   OCS Environmental Services has an excellent reputation and strong client base and the combination presents Rhodar with an excellent opportunity to further strengthen and expand its presence in the South of England.”

Paul Ranson, Group M&A and Projects Manager for OCS, added:

“We are delighted that our asbestos removal business is now partnering with an organization with the experience and track record to maximize the available growth opportunities.  We are also pleased to have benefited from the wise counsel and experience of Quercus Corporate Finance.  There was much complexity to navigate in this deal and the Quercus team's tenacity, coupled with their relentless focus on producing a good result, made a real difference.”

News Centre

Recent News

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 […]

Terra Alliance International M&A network announces record growth in deal volume and values

Quercus International is the exclusive UK member firm of the Terra Alliance International M&A network and in 2023 member firms completed 97 transactions, a 10% increase on the previous year. Deal value 2023  also increased, by over 40%, to $18 billion.  The chart below shows that active sectors over the past 12 months include Industrial, Consumer, […]

Acquisition of Swale Heating by Sureserve

Quercus International is delighted to announce that it has advised the Sureserve Group (“Sureserve”) on the acquisition of Swale Heating Holdings Ltd and its subsidiary, Swale Heating Limited (together “Swale Heating”), a business delivering gas and renewable heating solutions to both public and private sector customers. This is the second time Quercus International has worked […]

1 2 3 32
arrow-right