M&A Deal Summary

NorthEdge Capital Acquires Future Industrial Services

On April 26, 2017, private equity firm NorthEdge Capital acquired environmental company Future Industrial Services from IPL Plastics for 16M GBP

Acquisition Highlights
  • This is NorthEdge Capital’s 2nd transaction in the Environmental sector.
  • This is NorthEdge Capital’s 3rd largest (disclosed) transaction.
  • This is NorthEdge Capital’s 21st transaction in the United Kingdom.
Investment Fate
  • Future Industrial Services was sold to a strategic buyer in 2023.

M&A Deal Summary
Date 2017-04-26
Target Future Industrial Services
Sector Environmental
Buyer(s) NorthEdge Capital
Sellers(s) IPL Plastics
Deal Type Divestiture
Deal Value 16M GBP

Target

Future Industrial Services

Liverpool, United Kingdom
Future Industrial Services is a provider of Waste Management and specialised Industrial Services to meet the requirement of Government Agencies, Local Authorities, Public Utilities, national and multi-national companies. All of who demand the highest standards and cost effective solutions to their waste management, industrial cleaning, emergency spillage response, decommissioning and decontamination requirements. Future Industrial Services was founded in 1999 and is based in Liverpool, United Kingdom.

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Buyer(S) 1

Buyer

NorthEdge Capital

Manchester, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2009
PE ASSETS 650M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

NorthEdge is a lower mid-market buy-out and development capital investment firm focused on investing in the Northern part of the UK. NorthEdge looks to commit £2 to £45 million in companies generating at least £5 million revenue and £0.5 million in profits. NorthEdge does not have any stated sector preferences and seeks to work alongside ambitious management teams when pursuing transactions. The Firm launched its firms fund in 2011 and has offices in Manchester and Leeds.

DEAL STATS #
Overall 22 of 47
Sector (Environmental) 2 of 2
Type (Divestiture) 4 of 5
Country (United Kingdom) 21 of 45
Year (2017) 3 of 5
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 ClearCircle Environmental

Dublin, Ireland

ClearCircle Environmental Ltd. is a provider of hazardous waste management and industrial services to a diverse customer base from a range of treatment facilities. ClearCircle Environmental was founded in 2007 and is based in Dublin, Ireland.

Buy £16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 Help-Link

Leeds, United Kingdom

Help-Link Ltd. is a domestic boiler and central heating installation, service and maintenance. Help-Link was founded in 1998 and is based in Leeds, United Kingdom.

Sell £23M

Seller(S) 1

SELLER

IPL Plastics

Montreal, Quebec, Canada
Category Company
Founded 1939
Sector Packaging
Employees2,000
Revenue 605M USD (2019)
DESCRIPTION

IPL Plastics is a sustainable packaging solutions provider primarily in the food and consumer, agricultural, logistics and environmental end-markets operating from multiple production facilities in Canada, the U.S., the U.K., Ireland, China and Mexico. IPL Plastics was founded in 1939 and is based in Montreal, Quebec.

DEAL STATS #
Overall 5 of 5
Sector (Environmental) 2 of 2
Type (Divestiture) 4 of 4
Country (United Kingdom) 1 of 1
Year (2017) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 ClearCircle Environmental

Dublin, Ireland

ClearCircle Environmental Ltd. is a provider of hazardous waste management and industrial services to a diverse customer base from a range of treatment facilities. ClearCircle Environmental was founded in 2007 and is based in Dublin, Ireland.

Sell £16M
Mergr

Product

Company

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