Professional Soils Laboratory Acquired by Phenna Group
Professional Soils Laboratory (PSL)
Sector: Environmental and Compliance
Activities: Geotechnical soil testing
Deal type: Acquisition
Details: Advisor to PSL Shareholders
Transaction Originated, Negotiated and Structured by:
Summary of Business being acquired
Professional Soils Laboratory (PSL) is the leading independent UKAS accredited, geotechnical soil testing laboratory in the UK and Ireland.
PSL has the most comprehensive UKAS accreditation to test the physical properties of soil, determining moisture content, particle size, shear strength and compaction permeability of soil etc at clients’ sites and in its laboratory.
Premier marketed the business generating strategic valuations from UK and international acquirers.
Premier assisted with bidder selection and provided guidance throughout the process, through to completion.
Anthony Watkins and Russell Gunson, Co-Managing Directors of PSL will continue in their current roles, alongside the company’s dedicated team of professionals.