The disposal of a waste management services company which employs more than 200 people in Beauparc has been confirmed.
Bagnall & Morris (Waste Services) and B&M Secure Shredding (B&M Waste) have been acquired by Dublin-based Beauparc, owned by long-term infrastructure investor Macquarie Asset Management.
B&M Waste, based in Bromborough, Wirral, provides recycling-focused waste management services to over 8,500 businesses across the UK.
Founded as a family business in 1999, B&M Waste today operates facilities in conurbations across Liverpool City, Greater Manchester, West Yorkshire and the West Midlands.
The company works with large, blue-chip national organizations all the way to SMEs. Through its customer service, high-tech services and recycling philosophy, it continues to provide service, diverting 100% of waste from landfill in many cases.
Beauparc is a British and Irish waste management company.
The acquisition will expand Beauparc’s geographic reach in the UK and enable them to provide a wider range of services to the combined customer portfolio. B&M Waste will continue to operate all of its current operations supported by the expanded group.
The PwC Corporate Finance team, which advised Bagnall & Morris shareholders, consisted of Matt Denmark, Jon Raggett, Richard Baty, Elizabeth Claridge and Ben Hick.
PwC also provided vendor due diligence led by Syedul Hussain and tax advice led by Emma Suchland. CMS acted as legal counsel to B&M Waste.
Ken Curtis, President and Founder of B&M Waste, said, “The family founded B&M more than 20 years ago with one truck and grew the company into a leading waste management company with more than 8,500 clients, so it was absolutely essential that we had the right advisor. with us for this transaction.
“From our first meeting, PwC Corporate Finance demonstrated a deep understanding of our business, our market and, most importantly, our goals as a family. The PwC team provided us with first-class advice and support from an experienced and hands-on team throughout the entire process, which led to a fantastic result.”