Go to deals
Private Equity | Business Support Services

STM Environmental has been acquired by Phenna Group

STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.

STM Environmental provides environmental consultancy services, helping businesses navigate the complexities of environmental legislation while achieving their sustainability goals. The company operates through two key business units: geoenvironmental and flood and drainage. These units offer specialized services, including Phase 1 Desk Studies, Phase 2 Site Investigations, Contaminated Land Assessments, Flood Risk Assessments (FRA) and Sustainable Drainage Systems (SuDS) design. Supporting organizations across various industries such as construction, development and infrastructure, STM Environmental ensures regulatory compliance while advancing sustainability objectives and managing environmental responsibilities.

Phenna Group is an international testing, inspection, certification and compliance (TICC) firm based in Nottingham, England. The group employs a buy-and-build strategy within the fragmented TICC sector, partnering with niche, independent TICC companies that serve a variety of industries. This approach creates opportunities to create synergies and unlock growth potential. Phenna Group employs over 5,300 people and serves more than 18,500 clients globally, offering STM Environmental access to new markets and opportunities for expansion.

Oaklins S&W, one of Oaklins’ member firms in the UK, served as the advisor to STM Environmental in this transaction. This deal further highlights Oaklins’ deep expertise in the TICC sector, helping companies navigate strategic transactions within compliance-driven industries.

Parties

Talk to the deal team

Ben Laing

Partner
London, United Kingdom
Oaklins S&W

James Wilson

Senior Manager
London, United Kingdom
Oaklins S&W

Oliver Aspinall

Manager
London, United Kingdom
Oaklins S&W

Tom Egan

Manager
London, United Kingdom
Oaklins S&W

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more
Largest AIM IPO in the business support services sector over the past five years has been completed
Business Support Services

Largest AIM IPO in the business support services sector over the past five years has been completed

MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.

Learn more
He-Man Dual Controls has been acquired by Lagercrantz UK Limited
Private Equity | Automotive | Industrial Machinery & Components

He-Man Dual Controls has been acquired by Lagercrantz UK Limited

Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.

Learn more