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Walker Morris advises Renew Holdings plc on acquisition of Edwards Diving Services

Walker Morris has advised Renew Holdings plc, the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, on the acquisition of Edwards Diving Services Limited.

The transaction sees Renew’s wholly owned subsidiary, Envolve Infrastructure Limited, acquire EDS for a total consideration of up to £13 million on a cash and debt-free basis.

Based in Wales, EDS is a provider of specialist marine and civil engineering services to the water industry, with in-house design and fabrication capabilities that enable the delivery of complex engineering solutions in challenging environments.

Corporate Partner and Head of Private Equity, Debbie Jackson, led the Walker Morris team on the venture, with support from Nicola Parkinson (Partner, Tax), Laura Lister (Partner, Banking & Finance) Matt Gale (Senior Associate, Corporate), Hannah Salter (Associate, Tax), Lucy Dunning (Associate, Tax), Rebecca Orange (Associate, Banking & Finance) and Joel Davies (Associate, Corporate).

Walker Morris advised Renew on all legal aspects of the acquisition.

Debbie
Jackson

Partner

Corporate and Head of Private Equity

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Nicola
Parkinson

Partner

Head of Tax

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Laura
Lister

Partner

Banking & Finance

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Matt
Gale

Senior Associate

Corporate

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Lucy
Dunning

Associate

Tax

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Joel
Davies

Associate

Corporate

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