Our Corporate Finance team advises H.I.G. Capital backed andwis. Group on the acquisition of Elliott Environmental Services

20 August 2024

Our Corporate Finance Team recently provided financial and tax due diligence services to andwis. Group, backed by H.I.G. Capital, for the acquisition of Elliott Environmental Services Limited (‘EES’).

andwis. Group is one of the UK’s leading technical services providers, specialising in areas such as M&E, lift maintenance, entrance and access security, HVAC, and fire and security. The addition of EES enhances andwis. Group‘s offerings throughout the Southern region, serving the commercial, industrial and residential sectors.

EES, headquartered in Yeovil, Somerset, is a highly respected air conditioning, ventilation, and heating company. Established in 2003, the company has built an excellent reputation over the years for delivering high-quality, cost-effective and reliable solutions to its customers.

Ian Thomas, Managing Director at EES, commented, “This is an exciting time for Elliott Environmental Services Limited, giving us an opportunity to build on the huge successes the business has achieved so far and enabling us to offer customers a comprehensive range of engineering solutions as part of the Mechanical & Electrical Division of the andwis. Group.

Liam Connelly, CEO of the andwis M&E division, commented, “We’re delighted to welcome the excellent team at EES into the andwis family, to enhance our HVAC offering in the Southwest and to further strengthen our range of sustainable building solutions.

The team at James Cowper Kreston, led by Brad McAvoy, was pleased to assist andwis. Group on this transaction and commented, “This acquisition of EES will enable andwis. Group to further strengthen their Mechanical & Electrical services offering in the Southwest. We are confident that this acquisition will enhance their service capabilities and market presence in the region.

A headshot of a smiling middle-aged man with short, greying brown hair and light eyes. He is wearing a light blue button-down shirt and is framed inside a white circular border against a clean white background.

Brad McAvoy

Partner

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