Beech Tree Private Equity has exited its investment in Obsequio Group, with Warren Equity Partners joining as the new investment partner.
Obsequio is a provider of fire safety, water hygiene, security, asbestos, energy, and environmental compliance services across the UK, supporting both public and private sector clients. The business will continue to be led by Simon Abley (CEO) and Simon Cashmore (executive chairman) who together founded the Obsequio Group in 2020.
This transaction represents the first exit from Beech Tree PE Fund III and delivers strong returns for Beech Tree, with Obsequio’s revenues increasing from £17m to over £70m over the course of Beech Tree’s investment.
Obsequio, headquartered in Leicester and now employing over 630 staff, has expanded rapidly since Beech Tree’s investment in 2023 both organically and through a series of seven bolt-on acquisitions, which have extended the range of compliance services offered by the Group as well as expanded its geographic coverage.
As part of the investment from Warren Equity Partners, two further acquisitions have been announced: Atlas World, an active fire compliance specialist based in Belfast, and PLP Fire Protection, a smoke and ventilation specialist based in Chatham.
Simon Abley, CEO, said: “Our journey with Beech Tree over the past two and a half years has been exceptional. With their support, we’ve achieved significant growth – both organically and through strategic acquisitions and strengthened our senior management team.”
Ben Cartwright, director, Beech Tree Private Equity, said: “It has been an absolute pleasure to work with Simon Abley, Simon Cashmore and the rest of the Obsequio management team and see Obsequio grow into the standout business that it is today. We look forward to seeing the business continue to grow alongside their new investors, Warren Equity Partners.”
