International law firm Hill Dickinson has advised Celnor Group, a provider of critical data for compliance, safety and sustainability purposes, on the acquisition of Hydrop Environmental Consultancy Services (Hydrop). This strategic partnership enhances Celnor Group’s capabilities within the water quality and risk management sector.
Celnor Group is backed by private equity house Inflexion, whose industry-leading expertise in consolidating the TICC (testing, inspection, certification, and compliance) market aims to build the business with an ambitious acquisition strategy.
Established in 1991, Hydrop is UK-based and a leading independent consultancy specialising in the management and control of waterborne pathogens. Hydrop serves a broad spectrum of clients, including the National Health Service, Defence Infrastructure, local authorities, facilities companies, universities and industrial clients. Hydrop will continue to operate under its current name, with its leadership team remaining in place to ensure a seamless transition and continued focus on customer needs.
Simon Parrington, chief executive officer of Celnor Group said: “I’m delighted that our Risk Management division is growing with the addition of Hydrop. Their independent consultancy expertise is market-leading, and we look forward to supporting their continued growth. Mike Koumi, Managing Partner and the team bring a wealth of knowledge and skills to the Group as well as a broad range of clients. Their experience in strategic steering committees, litigation, and outbreak investigations, both in the UK and abroad, equips the Group with the most up-to-date knowledge of best practices and the most appropriate implementation of legal and guideline requirements. We look forward to a bright future together as we continue to shape the future of our industry.”
David Mkhitarian and Graeme Anderson of Hill Dickinson’s Private Equity team led on the provision of legal advice to Celnor Group.
Graeme Anderson said: “We are delighted to have acted as legal adviser to Celnor Group on this latest acquisition. Since its inception, Celnor Group has focused on strategic acquisitions and partnerships to create a UK-wide Testing, Inspection, Certification and Compliance service. Hydrop will undoubtedly be another successful addition to the ever-growing Celnor Group.”
Mark Leyland, corporate finance director at RSM, led on the provision of financial and tax due diligence support in relation to the acquisition.
