Add-on Acquisition • Environmental

Cleanaway AS Acquires Serviceteam

On January 9, 2001, Cleanaway AS acquired environmental company Serviceteam from ECI Partners for 67M GBP

Acquisition Context
  • This is Cleanaway AS’s 1st transaction in the Environmental sector.
  • This is Cleanaway AS’s 0th largest (disclosed) transaction.
  • This is Cleanaway AS’s 1st transaction in the United Kingdom.

Explore All 1285 Add-on Acquisition Environmental Deals - Search the Database Free


M&A Deal Summary

Date January 9, 2001
Target Serviceteam
Sector Environmental
Buyer(s) Cleanaway AS
Sellers(s) ECI Partners
Deal Type Add-on Acquisition
Deal Value 67M GBP

Target Company

Serviceteam

London, United Kingdom
Serviceteam Ltd. is a provider of waste management services.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Cleanaway AS

Tallinn, Estonia

Category Company
Sector Environmental
DESCRIPTION

Cleanaway AS is a waste management company.


Deal Context for Buyer #
Overall 1 of 1
Sector: Environmental 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2001 1 of 1

Seller Profile 1

SELLER

ECI Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 2.0B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.


Deal Context for Seller #
Overall 17 of 76
Sector: Environmental 1 of 1
Type: Add-on Acquisition 8 of 39
Country: United Kingdom 16 of 70
Year: 2001 1 of 2
Size (of disclosed) 11 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 echo

Milton Keynes, United Kingdom

echo Ltd. is a IT support and specialist logistics provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-07 Devonshire Pub Co.

Hartlepool, United Kingdom

Devonshire Pub Co. is a pub operator.

Sell £9M