Entrepreneurs Hub advise on the sale of leading West of England commercial recycling and waste management business Bateman Skips to RSK
Bateman Skips Ltd is one of the most well-known and highly regarded skip hire and waste recycling companies in the Bristol/Bath area. Entrepreneurs Hub advised the shareholders of Bateman Skips Ltd, negotiating a successful sale to Cheshire-based RSK Group, a global group of companies delivering sustainable solutions.
Bateman’s recycling and efficiency credentials are impressive, with up to 95% of waste diverted from landfill. These characteristics stood out when it came to finding an acquirer, providing clear synergies with RSK which has a strong offering in the environmental sector, with sustainability one of their key deliverables.
Bateman has a strong track record of investing in plant and equipment resulting in an excellent reputation for operating a clean and well-maintained fleet across the local area, attracting clients like Biffa, Mitie, Lancer Scott and Hills Group. The company has also developed a stream of work outside of its local area through a brokerage service, which was attractive to anyone looking to integrate the business with a wider, national network.
One of Bateman’s key distinctives is its access to a purpose built 2.5-acre freehold waste transfer station which employs industry leading waste separation technology to achieve an impressive recycle rate of up to 100,000 tonnes and holds a 150,000 tonne per annum bespoke permit. This capacity provides significant headroom for growth to an already very successful business.
For shareholder and Managing Director, Lee Bateman, the drive to sell came from a desire to spend more time with family. Lee will continue to lead the business under the ownership of RSK with all the benefits that provides:
“This was a first for me in that I had never sold a business before. Entrepreneurs Hub were very helpful from the beginning and gave me realistic advice and expectations which was invaluable. Mike was fantastic throughout the whole process, very hands on, always objective and there for me personally even if I just needed a chat. Excellent service from EH overall and wouldn’t hesitate to recommend.
Myself and the rest of the Bateman Skips team are delighted to become part of the RSK family and are excited about the future. RSK has a strong place in the environmental sector, and we will use this to expand the business and further drive growth.” Lee Bateman, Managing Director – Bateman Skips Ltd
RSK have some impressive credentials in the environmental sector and are highly active acquirers, the group have announced more than 20 acquisitions so far this year alone.
“It was clear from the outset that Bateman Skips was a quality business, exhibiting exceptional levels of customer service and care. Our task at EH was to identify an acquirer for the business that would provide the platform for it to grow and flourish but at the same time retain the inherent values that Lee Bateman and his family have instilled over the last 20+ years. I am confident that in RSK we have found the right home. Working with Lee has been an absolute pleasure and I am confident that under his continuing guidance and direction, Bateman Skips will prove to be an even more dominant force in the waste sector in the years ahead.” Mike O’Connor, Senior Deal Leader – Entrepreneurs Hub
“Bringing Bateman Skips Ltd into the RSK family of businesses offers the opportunity to further invest in the sustainable future of waste management. Lee and his team have long championed integrating sustainable practices into their work and have been innovators in the sector.” Alan Ryder, Group CEO – RSK Group
This will be the third time RSK has acquired one of our clients. It’s great to be able to build good relationships with companies like RSK, who are actively acquisitive, as they are often quick to recognise a strong opportunity when it is presented to them.
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