Adler & Allan, a prominent provider of environmental risk reduction and advisory services, has announced that the private equity business at Goldman Sachs Alternatives (Goldman Sachs) will acquire a majority stake in the company from an affiliate of Sun European Partners, LLP (Sun European), pending customary antitrust and regulatory approvals. This transaction marks a significant milestone in Adler & Allan’s ongoing mission to address environmental challenges, ranging from pollution reduction to climate change mitigation.
Established in 1926 and headquartered in Harrogate, Adler & Allan is a leading UK-based environmental risk reduction specialist, offering comprehensive services to organisations for managing, improving, and maintaining critical infrastructure throughout its lifecycle. With a national footprint, the company serves as a turnkey partner to the utilities sector, providing strategic infrastructure advice, monitoring, data analytics, operational support, and environmental consultancy services. Under Sun European’s stewardship, Adler & Allan has experienced substantial growth, doubling in size and launching a dedicated Water Services division to support major water utility companies in managing wastewater and freshwater networks.
As Adler & Allan embarks on its next growth phase, the partnership with Goldman Sachs aims to expand the company’s service offerings to address a wider spectrum of environmental risk challenges. This strategic collaboration will drive organic growth through investments in personnel, innovation, and technology, as well as targeted M&A activities to broaden the company’s service portfolio and geographic reach. The existing management team, led by Group CEO Henrik Pedersen, will continue to spearhead Adler & Allan’s strategic direction.
Henrik Pedersen expressed his excitement about the partnership with Goldman Sachs, highlighting it as an endorsement of the company’s services and growth potential. He also expressed gratitude to the Sun European team for their transformative partnership, positioning Adler & Allan for future success.
Representatives from Goldman Sachs Alternatives praised Adler & Allan’s century-long legacy and leading reputation in addressing complex environmental challenges. They expressed enthusiasm about partnering with Adler & Allan to accelerate its growth trajectory, with a focus on sustainability, climate transition, and water management.
Sun European Partners lauded Adler & Allan’s growth and success during their partnership, commending the company’s excellence in the environmental risk management market. They expressed confidence in Adler & Allan’s future growth under new ownership.
The completion of the deal is anticipated in the second half of 2024, pending customary antitrust and regulatory approvals.
For more information visit www.adlerandallan.co.uk
