Phenna Group, a portfolio of businesses providing testing, inspection, certification and compliance (TICC) services, has completed the purchase of a trio of businesses. The acquisitions were completed in one week and Knights advised on all three deals.
The Nottingham-based investment management business acquired Corporate Access Legal Services, GEO Site & Testing Services and Elmhurst Energy to further bolster their presence in the TICC industry across the UK and Ireland.
Knights’ Corporate team supported Phenna Group throughout the process to ensure all three deals were completed within the strict timescales.
Tom Gray, Partner at Knights, commented: “It has been extremely pleasing to act for Phenna Group in connection with the acquisition of three quality businesses, joining a stable of prestigious companies within the testing, inspection and certification space.
Phenna is emerging as a leading player in the sector with a strong management team and a unique approach to structuring deals. Group CEO Paul Barry has unrivalled expertise in M&A and the TICC arena and is supported by the highly experienced Group FD David Harrison. We are delighted to support them and their other advisors in executing the acquisition strategy.
Phenna’s strategic growth plans require focused advice and swift execution on transactions. Due to the experience and size of Knights' Corporate team, we were able to transact and close on all three acquisitions within the space of a week."