Moore Blatch have recently advised Venture Equity Partners on its acquisition of WA+A Maintenance Limited and its associated equity fundraising.
WA+A Maintenance Limited is the first acquisition by Venture Equity’s heating, ventilation and air conditioning platform Scubair Limited. This was a particularly important deal for Scubair Limited as it has combined this transaction with bringing on board a minority equity partner in Finstock Capital where Oliver Jenkinson and Edo Salvesen will join the Scubair board.
Drew Mellor, Chairman, Venture Equity Partners, commented: “This is a hugely exciting time as we look to make a number of acquisitions in this buy and build project from a strong looking pipeline. Particular congratulations to our exceptional management team of Bill Stringer (MD), Ciaran Greenwood (FD) and Jane Lang (M&A) on completing the acquisition and equity raise simultaneously.”
“As ever thanks again to Jeremy Over and the rest of the team at Moore Blatch for unstinting support”.
Commenting on the deal, Jeremy Over, Partner at Moore Blatch, said: “Congratulations to the team at Scubair and Finstock. It was a pleasure to help with this strategic transaction and we look forward to seeing the group continue its growth.”
The team at Moore Blatch was led by Jeremy Over (Partner, Corporate) and also included Thomas Clark (Partner, Corporate), Louise Hayward (Solicitor, Corporate), Cherie Lawson (Trainee Legal Executive, Corporate), Stacey Browne (Trainee Solicitor, Corporate) and Emma Edis (Partner, Employment).