“CN Corporate Finance clearly have a lot of experienced in M&A and were able to provide advice on all aspects of the transaction. Dave and the team were always available to discuss specifics and were supportive and helpful throughout the process. The team are personable and friendly and I felt really valued. I couldn’t recommended them highly enough to another SME.”
Richard Gordon - Managing Director
Client Overview
Engineering Services Design (ESD) is a building services consultancy that has been delivering engineering design solutions within the built environment for over 25 years. The business provides specialist design expertise across a range of building services disciplines and has built a strong reputation for delivering high-quality solutions for complex projects.
Through its technical capability and experienced team, ESD has established itself as a trusted partner for clients across the construction and built environment sectors.
Objectives
The shareholders of ESD were seeking a majority sale to a larger corporate group that could support the business’s next stage of growth while allowing the founders to realise value from the company they had built.
A key objective was to identify a strategic partner that would provide both long-term stability and the resources required to accelerate growth.
Our Role
CN Corporate Finance acted as sell-side adviser to the shareholders of ESD throughout the transaction.
Our role included:
- Identifying and potential strategic buyers
- Managing the transaction process
- Advising on deal structure and negotiations
- Supporting the shareholders throughout financial, legal and commercial diligence
The Outcome
The transaction resulted in the successful majority sale of ESD to Global Sustainable Buildings Consultancy (GSBC), a group backed by Ansor.
The deal enabled the shareholders to extract equity while positioning the business within a larger organisation capable of supporting its long-term growth ambitions. As part of a consolidating platform within the sector, ESD is well placed to continue expanding its services and market presence.
