Energy & Environmental
Energy & Environmental is a buoyant, multi-faceted sector going through significant transformation.
Within this diverse market, PMSI has strong expertise in the following market niches:
- Energy Services (Procurement, Consultancy, Smart Metering)
- Compliance Services (Water, Asbestos, Food Safety)
- Environmental Services (MRFs, Recycling, Municipal / Commercial Waste Collection, Liquid Waste)
- Offshore (Oil & gas, Renewables)
For more information, please contact our sector expert, David Crout
Selected Case Studies
Stroma
Stroma is a leading provider of safety, sustainability and building compliance services to the UK...
Stroma
Stroma is a leading provider of safety, sustainability and building compliance services to the UK construction sector, employing c.350 people across 14 regional offices. As well as being one of the largest private building control inspectors in the UK, Stroma’s services include certification and lodgement services for energy assessors and environmental and energy consultancy for the design, planning and construction stages of the building lifecycle.
PMSI provided VCDD on behalf of Stroma’s management team and its investors LDC (a mid market private equity firm). Our work included validating the size of Stroma’s addressable market through a number of methodologies, understanding the complex regulatory environment and competitor landscape, and a full customer referencing exercise. In addition, PMSI assessed opportunities for Stroma resulting from the new Building Safety Bill, which will significantly increase the safety compliance burden for the construction and property sectors in the coming years.
The business was acquired from LDC by Phenna Group – a private equity backed TICC platform - in February 2022. The investment will support Stroma to further expand its customer base in the UK and enhance its portfolio of services.
"It was a pleasure to work with David and the PMSI team on the CDD for the Stroma Group. PMSI responded, in an exemplary way, to the brief. Approaching their research without any bias arising from prior knowledge of the Group. The research team worked closely with management and advisers, with regular progress reviews ensuring that key deadlines were achieved. A good job, done well." Martin Holt, Former CEO, Stroma Group
LOC Group
London Offshore Consultants (LOC Group) are a leading marine and engineering consultancy firm, op...
LOC Group
London Offshore Consultants (LOC Group) are a leading marine and engineering consultancy firm, operating in the shipping, oil & gas and renewables sectors. LOC provides loss prevention (marine warranty, surveys, inspections & audits, technical due diligence), loss management (marine casualties, claims, disputes and litigation) and marine and engineering consultancy services across a global network of over 30 offices.
PMSI provided vendor commercial due diligence (VCDD) to support Bridgepoint’s sale of LOC. A key aspect of our work involved presenting the business’s complex mix of service lines and end-sectors, as well as sizing technically complex markets in a way that was sufficiently detailed, while easily digestible for both private equity and trade bidders. We worked closely with LOCG management throughout the process to achieve this aim.
LOC was acquired by AqualisBraemar, an Oslo-listed group that offers consultancy services to the offshore energy industries. The group’s strategy is to grow through continued expansion in the rapidly growing offshore renewables industry, and leverage on its position within shipping and oil and gas markets, to support the global energy transition.
“The due diligence reports were well presented with some excellent insights and we found PMSI to be very curious about the complexities of our business yet were crisp in drawing conclusions. The litmus test is that we were able to use their report to inform our operations let alone the transaction.” R V Ahilan, CEO, LOC Group
Here are just some of the companies we have worked with in the Energy & Environmental sector:
