Watertight Management Acquired by Severn Trent group
Entrepreneurs Hub Advises Watertight and Synergen Utilities as they join the Severn Trent group
Watertight Management and its sister company, Synergen Utilities, leading water and wastewater contractors, have been acquired by the Severn Trent group, which includes one of Britain’s largest water and wastewater companies. The sale was advised by Entrepreneurs Hub Ltd, the UK specialists in strategic growth and business sale advice for SME owners and entrepreneurs.
Watertight and Synergen have played a pivotal role in providing repair, maintenance, water infrastructure services and upgrades for major utility companies, as well as contracts on former Ministry of Defence sites and local councils. Their work has significantly contributed to minimising water loss and thereby supporting sustainability targets.
Tony Meakin, Director of Entrepreneurs Hub Ltd, said: “Water is such a vital resource and we are delighted to have been part of this transaction to support Watertight Management and Synergen Utilities as they move to work more closely with Severn Trent to continue to provide great services to its customers.
“It’s thanks to the commitment of the teams at Watertight and Synergen that we were able to secure the sale which offers exciting future opportunities for the staff at both companies as part of Severn Trent.”
Tom Collings, Co-founder of Watertight and Synergen, said: “We’ve worked tirelessly to deliver critical services to the water industry for over 15 years and to become part of the Severn Trent group is a very proud moment for us and a great endorsement of our staff’s outstanding work.
“We’ve been working with Entrepreneurs Hub since 2022. We engaged with them because of their expertise in growing and selling businesses. The Enterpreneurs Hub team that have helped build and guide us to this very moment have been inspiring! Always giving us the right advice when it mattered, at the right time and guiding us to the right decision. This deal with Severn Trent will see us grow even stronger and achieve even more in support of Severn Trent’s industry leading performance.”