RSK Group has signed an agreement to acquire Kent-based asbestos services company PA Group UK Ltd. The company was founded in 2007 by Chris Miller-Hanna who will continue to head up the business going forward.
PA Group UK is a multi-disciplined HSE licensed asbestos removal and UKAS accredited asbestos inspection and testing contractor, providing clients in the public and private sectors a flexible and comprehensive portfolio of asbestos services.
Entrepreneurs Hub advised the shareholder on the sale. Entrepreneurs Hub Director Andrew Shepperd comments:
“With so much pressure on land and sites this transaction is particularly satisfying. PA Group sit in the heart of health, safety and professionalism. They work to the highest standards to make existing buildings safe for people as well as bringing contaminated sites back to a safe condition, making them ready for new development and capitalising on precious land resources”.
This deal highlights Entrepreneurs Hub’s expertise at identifying and completing transactions with premium acquirers, while standing alongside owners as they navigate the complexities of a successful business sale for the first time. RSK have seen the value that extending their capacity in this area can bring to their customers and how it complements an already comprehensive range of services.
The previous owner, Chris Miller-Hanna, will continue to have a leading position in the PA Group which from now on will be part of RSK Group companies. It becomes part of RSK’s contracting division under the direction of Claire Knighton with the support of RSK Chief Executive Officer Alan Ryder, the RSK board of directors, and the wider RSK executive.
Chris comments on the deal: “I am excited about being part of a larger group which will provide support and cross selling opportunities. This is a positive development for the company and our employees to be part of a leading and very successful multidisciplinary engineering and environmental consultancy and provider of technical support services.”
Entrepreneurs Hub Director Malcolm Murray concludes: “We’re delighted to have assisted Chris in preparing his business for sale and most importantly that we achieved his goal of finding an excellent acquirer for a great company. The new season with RSK will enable PA Group UK to go from strength to strength. We wish Chris and his family the very best for the future.”
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