STM Environmental has been acquired by Phenna Group
January 2025 — STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
STM Environmental provides environmental consultancy services, helping businesses navigate the complexities of environmental legislation while achieving their sustainability goals. The company operates through two key business units: geoenvironmental and flood and drainage. These units offer specialized services, including Phase 1 Desk Studies, Phase 2 Site Investigations, Contaminated Land Assessments, Flood Risk Assessments (FRA) and Sustainable Drainage Systems (SuDS) design. Supporting organizations across various industries such as construction, development and infrastructure, STM Environmental ensures regulatory compliance while advancing sustainability objectives and managing environmental responsibilities.
Phenna Group is an international testing, inspection, certification and compliance (TICC) firm based in Nottingham, England. The group employs a buy-and-build strategy within the fragmented TICC sector, partnering with niche, independent TICC companies that serve a variety of industries. This approach creates opportunities to create synergies and unlock growth potential. Phenna Group employs over 5,300 people and serves more than 18,500 clients globally, offering STM Environmental access to new markets and opportunities for expansion.
Our role in the transaction
Oaklins S&W, one of Oaklins’ member firms in the UK, served as the advisor to STM Environmental in this transaction. This deal further highlights Oaklins’ deep expertise in the TICC sector, helping companies navigate strategic transactions within compliance-driven industries.
Talk to the deal team
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more