Acquisition of WT Parker Group backed by Aliter Capital

BDO.LiveSite.Deals.DealTypeTransaction Services

BDO provided financial, tax and pensions due diligence services to Edwin James Holdings, the technical services group specialising in the built environment, prior to its acquisition of WT Parker Group, a transaction supported by Aliter Capital and HSBC.  WT Parker, a provider of mechanical, electrical and process engineering services with an established blue-chip customer base, has been held by the Parker family for more than 90 years. The bolt-on will expand EJH’s geographical footprint, taking combined revenues to around £110m and the number of people employed to just under 1,000.

“The acquisition of WT Parker was a transformational deal for Edwin James Holdings, providing scale and UK coverage for the group. We appointed BDO to carry out the financial, tax and pensions due diligence, with the BDO team working closely with the Aliter team through to the successful completion of this deal. The BDO approach was very impressive and the level of communication and focus ensured the required deadlines were achieved. We would not hesitate in using BDO to advise on future transactions.”       

Greig Brown, Partner Aliter Capital LLP