M&A Deal Summary

Franchise Brands Acquires Metro Rod

On March 23, 2017, Franchise Brands acquired environmental company Metro Rod from EnServe Group for 28M GBP

Acquisition Highlights
  • This is Franchise Brands’ 1st transaction in the Environmental sector.
  • This is Franchise Brands’ 0th largest (disclosed) transaction.
  • This is Franchise Brands’ 1st transaction in the United States.

M&A Deal Summary
Date 2017-03-23
Target Metro Rod
Sector Environmental
Buyer(s) Franchise Brands
Sellers(s) EnServe Group
Deal Type Divestiture
Deal Value 28M GBP

Target

Metro Rod

Macclesfield, United States
website
Metro Rod Ltd. is a provider of drain clearance and maintenance services delivered 24/7/365 on a largely reactive basis. Metro Rod Ltd. was founded in 1983 and is based in Macclesfield, United Kingdom.

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Buyer(S) 1

Buyer

Franchise Brands

Kidderminster, United Kingdom

website

Category Company
Founded 2008
Sector Franchising
DESCRIPTION

Franchise Brands is a group of international multi-brand franchisors with a combined network of over 400 franchisees in 12 countries, but predominantly in the UK. Franchise Brands has developed a highly professional central services platform including marketing, franchise recruitment and support services such as IT, which enables it to support the acquisition of some new franchise brands without significantly increasing its central overhead.

DEAL STATS #
Overall 2 of 3
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Barking Mad

Cumbria, United Kingdom

Barking Mad Ltd. is a major pet care franchise. Company is a pioneer of professionally organised dog sitting services for owners when they are away. It currently has 75 franchised territories across the UK, operated by 71 franchisees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-01 Pirtek UK

London, United Kingdom

Pirtek UK is a provider of fluid transfer solutions and on-site repairs. Specializing in hydraulic hoses, pipe fittings & couplings. Pirtek offers a comprehensive range of fluid transfer solutions, products & services to industries including Agriculture; Automotive; Construction & Plant Hire; Defence; Environmental; Services; Manufacturing; Marine & Offshore; Material Handling; Mining & Quarrying; Transport & Logistics; Utilities. Pirtek UK was founded in 1988 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

EnServe Group

Borehamwood, United Kingdom

website

Category Company
Founded 1999
Sector Business Services
Employees1,650
DESCRIPTION

EnServe Group Ltd. is a provider of infrastructure support services to the Utility sector, operating principally in the UK and with a growing international presence.

DEAL STATS #
Overall 3 of 4
Sector (Environmental) 1 of 1
Type (Divestiture) 2 of 3
Country (United States) 1 of 1
Year (2017) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-16 Inenco Group

Lancashire, United Kingdom

Inenco Group provides businesses with strategic energy management procurement and risk management services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Meter-U

United Kingdom

Meter-U is a provider of meter reading and data collection services for domestic and non-domestic premises. Other services include meter data management, leakage reporting, client revenue protection and meter replacement activities. With a field force of over 400 personnel, the company manages the data from four million meters, collecting over 17 million meter reads per annum throughout the UK and Ireland.

Sell -
Mergr

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