Apax Partners acquisition of Safetykleen Europe

18/5/2017
Private acquisition

Announced

18/5/2017


Overview:

  • Apax Partners has acquired Safetykleen Europe from Warburg Pincus
  • Safetykleen Europe is the largest service provider of surface treatment and chemical application services, employing over 1600 people.
  • The transaction is expected to close in Q3 2017.
  • Apax Partners was advised by PwC (accounting/tax/IT adviser) and LEK Consulting (commercial adviser).
  • Warburg Pincus was advised by Goldman Sachs (financial adviser), Ernst & Young (accounting adviser), Deloitte (tax adviser), and Eden McCallum (commercial adviser).

Katrin Kostadinova - Data analyst

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

England and Wales

Industry sector:

Industrials and manufacturing


Firms:

Party: Apex Partners (Acquirer)

Lawyer: Stephen Lloyd


Party: Warburg Pincus (Seller)


Party: Safetykleen Europe (Target, Management)

Lawyer: Steven Davis


Party: Apax Partners (Borrower)