Workdry International is a leading leasing provider of water pump and wastewater treatment assets...
Workdry International is a leading leasing provider of water pump and wastewater treatment assets. It reported revenues of £95 million for 2021 across its Selwood and Siltbuster brands and was ranked just outside the IRN100 listing of the world’s largest 100 equipment rental companies in the listing published in June 2022.
PMSI provided vendor commercial due diligence (VCDD) to support Arcus Infrastructure Partners’ acquisition of Workdry. Our work involved in-depth analysis of both the Selwood and Siltbuster businesses, exploring the market size of water handling and treatment equipment market, key drivers, benchmarking vs competitors and a customer referencing process.
The sale to Arcus Infrastructure will support the growth ambitions of the company by investing in innovation and new territories.
“PMSI took the time to understand our business and how it operates. It was particularly pleasing to see that the team were happy to get ‘in and amongst it’, speaking at length with key members of staff rather than basing their research solely from sitting behind a desk.
Their interaction with customers during their research was extremely professional, their questioning to them was very relevant and helped us get a real and accurate picture of how we are perceived by them. Because of the work that they put in at the start of the process, the final report gave an accurate view on the strength of our business and the opportunities that exist to continue our growth story.
I would have absolutely no hesitation in recommending David and the team to anyone looking for a Commercial Due Diligence provider.”
– Richard Brown, Workdry International CEO
ETL Systems is a global designer and manufacturer of leading RF distribution equipment used in th...
ETL Systems is a global designer and manufacturer of leading RF distribution equipment used in the ground segment of the satellite communications market. ETL serves various end markets including broadcasting, energy, defence, government and maritime.
PMSI was asked to provide CDD transactional support to CBPE throughout the highly competitive bidding process - with CBPE successfully investing in ETL.
“PMSI helped us quickly get up to speed with the key trends in an exciting but relatively niche sector. The team used a bottom up approach to determine market size and growth combined with market interviews to assess ETL’s competitive position. PMSI’s work was invaluable in enabling CBPE to assess ETL’s market opportunity and complete the transaction within the required timeframe.”
Jolyon Latimer, Partner, CBPE
