Gerald Edelman advises EverGrowth Group on its buy-and-build programme

We are delighted to announce that we have advised EverGrowth Group (“EverGrowth” or the “Group”), the founder-led business, building a national group of specialist B2B essential services companies, on three acquisitions and its debt and equity raise as it builds out its platform.

About EverGrowth

Founded by Chris West and Ferdie Ahmed, EverGrowth partners with founder-built, B2B essential services businesses across the UK and grows them for the long term. The Group focuses on the services that keep buildings, estates and infrastructure operating, including cleaning, maintenance, compliance, waste, power and site works. It is building a nationwide total facilities management provider across four divisions: Soft Services, Hard Services, Environmental Services and Critical Services.

EverGrowth offers business owners an alternative to a trade sale or a traditional private equity process. As a founder-led partner, it retains the name, the people and the values of each business that joins the Group.

The Gerald Edelman team, led by Partner Will Abell and supported by Corporate Tax Partner Jagdip Bharij, acted as financial and tax adviser across all three acquisitions and the Group’s debt and equity raise. The team undertook financial and tax due diligence, supported negotiation of the sale and purchase agreement, advised on transaction mechanics (including the completion mechanism, working capital and net debt), and provided financial modelling support and wider advice.

Will Abell, Transaction Services Partner at Gerald Edelman, commented: “It has been a pleasure to work with Chris, Ferdie and the wider EverGrowth team as they build the Group. Their approach of partnering with founders and protecting what they have built resonates strongly with sellers, and it shows in the quality of businesses they are bringing on board. We look forward to continuing to support them on the acquisitions ahead.”

Chris West, EverGrowth CEO, commented: “Gerald Edelman’s team has been a consistent partner across our acquisitions this year, combining thorough financial and tax diligence with practical support through to deal completion, as well as supporting us as we secured the investment to build our platform. Their understanding of what matters to founders and to us as buyers has made a real difference, and we are pleased to be working with them as we continue to grow the Group.”