H&T Labour and Vacuumation Services

Regent Assay Corporate Finance advised the shareholders of H&T Labour and Vacuumation Services (“H&T”) on the sale of the business to Dublin based One51 plc, a Group comprising of three operating businesses focused on environmental services and plastics together with an investment portfolio.

H&T is a specialist industrial services operator providing a range of maintenance and industrial cleaning solutions to the cement and manufacturing sectors throughout the United Kingdom. Based in Rugby, H&T is a strategic bolt on acquisition and will be integrated into One51’s environmental services division, ClearCircle Environmental (“ClearCircle”), to further expand ClearCircle’s service offering and geographic reach in the United Kingdom.

Regent Assay supported founder & majority shareholder Richard Turner throughout the process to completion, negotiating and structuring the deal in order for Richard and the other exiting shareholders to maximise their consideration ahead of his retirement.

The deal was led for Regent Assay by Guy Hemington and Greg Fowler. Commenting on the deal, Greg said: “The founding shareholders have built a successful business and we are delighted to have been able to assist them in realising value. We continue to see a range of interesting opportunities to work with owner managers to deliver their strategic goals. We wish all parties well for the future.”