Nottingham-headquartered Phenna Group, which aims to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC), and Environment, Social & Governance (ESG) companies, has acquired Sayvol.
Formed in 2002, Sayvol has quickly established itself as a market leading provider of water compliance services to landmark buildings in London and across the UK.
Based out of Kettering and with offices in London Nutley, East Sussex and Stoke on Trent, the business employs over 60 experts delivering a range of water hygiene, treatment, inspection and Legionella risk based consultancy services.
Les White, Managing Director, said: “We are delighted to be joining Phenna Group. Since being introduced to the Phenna Team, they have been easy to deal with, acting with integrity throughout. That has only served to increase our confidence, that in Phenna Group we have selected the right partner to help us achieve our ambitious growth plans, well into the future.”
Paul Barry, Group CEO of Phenna Group, said: “Since our first discussions with Les and Martin, I’ve been very impressed with their no nonsense approach and their ambitious plans for their business. I’m really excited the Sayvol team will be joining Phenna Group.
“Their experienced team and their range of services will be highly complementary to those currently offered from our Built Environment Division. This deal really augments our platform, adds breadth to our current service offering. I’m really looking forward to welcoming Les, Martin and their team into our Group.”
Phenna Group were advised by Johnston Carmichael and Avonhurst. Sayvol were advised by Premier Corporate Finance, Knights plc and Meadows.
