ERP UK has successfully completed the acquisition of ComplyPak and WEEEComply.
Vico Advisory provided buy-side M&A advisory services to the shareholders of ERP UK Limited. Forviz Mazars provided tax advice to ERP. Vico Advisory also provided financial due diligence services on behalf of ERP UK. Jaswal Johnston (legal) and Harris & Trotter (financial) acted on behalf of WEEEComply / ComplyPak.
John Redmayne, Managing Director of ERP UK said:
“We were delighted to work with the Vico Advisory team on this transaction – it is the third transaction we have worked with them on and we are thrilled with the outcome. Dónal and the team advised us extremely well throughout the transaction highlighting key risks, negotiating our position well and managing a very tight timeline, in a very professional manner.”
Andrew Francis, CEO of WEEEComply / ComplyPak said:
“EPR for Packaging and future changes to the WEEE Regulations are putting increasing demands on our schemes and our customers. With ERP UK I think we have found a perfect partner with the scale and systems to support our members – but the same commitment to supporting each customer individually. We will also be able to offer a broader range of compliance and data services in the UK and internationally.”
Dónal O'Sullivan, CEO of Vico Advisory said:
"It was a pleasure to advise the ERP UK team on the acquisition of WEEEComply / ComplyPak. WEEEComply / ComplyPak are the perfect fit for ERP UK where it will no doubt flourish going forward. It has also been great to work with the team at ERP UK again on this successful transaction."
WEEEComply and ComplyPak are market leading Producer Responsibility Organizations (PROs) which operate government-approved packing and waste collection operating schemes for Waste Electrical and Electronic Equipment (WEEE) and UK packaging regulations (including Extended Producer Responsibility regulations) in the UK. For more information, please visit www.weeecomply.co.uk and www.complypak.com.
ERP UK is a leading UK provider of producer compliance and associated services. ERP operate WEEE, Batteries and Packaging Schemes in the UK and support customers with data services and take-back solutions – making them a one stop shop for UK compliance requirements. For more information, please visit www.erp-recycling.co.uk.
Vico Advisory are Mergers & Acquisitions experts in the lower mid-market for niche Irish & UK technology and services companies that generate revenues of between €2m - €20m. Having completed over 60 M&A transactions in the past decade at a total value of €2.5b, the team specializes in advising larger local or international acquirers on the acquisition of founder-owned, niche Irish and UK technology and services businesses. Find out more at www.vicoadvisory.com.
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