Alpine Fire makes first acquisition
WestBridge is delighted to congratulate APEM Group having completed the acquisition of Attexo, one of Australia’s leading providers of advisory and environmental consultancy services to the renewable energy sector.
The transaction further reinforces APEM’s presence in Australia and comes just three months after it expanded its presence and capabilities in the country with the acquisition of ecology and heritage consultancy, Biosis.
Bringing Attexo into the Group means that APEM now has 215 experts based in 11 offices across Queensland, Victoria and New South Wales, and opens up significant opportunities in the high growth Asia-Pacific region.
Attexo works on some of the nation’s highest profile renewable energy projects including wind farms, grid scale batteries, pumped hydro schemes, solar farms and hydrogen projects.
This is the third highly complementary acquisition completed in the last 12 months and the eighth since investment. All of these are being thoughtfully integrated into the core business over the coming months and, as with other acquisitions, are expected to contribute to growth in the coming year through APEM’s collaborative cross selling approach.
Peter Barkley, partner at WestBridge, said:
“With eight strategic acquisitions under its belt, it’s no surprise that APEM has grown so phenomenally and is on track to become the world’s leading environmental consultancy.
“The team’s immediate focus is to ensure that all three acquisitions completed this year are fully and sympathetically integrated into the business so that all clients continue to receive a best-in-class service that has breadth and depth of expertise.
“The Australian government’s commitment to developing renewable energy, coupled with the team’s dedication to helping the world move towards Net Zero, sets the stage for an ambitious and exciting future organic trajectory for APEM Group across all geographies.
“Furthermore, as a preferred home for ambitious founder led businesses, there remains tremendous potential for future acquisitions once those complete in 2024 have been brought fully into the APEM fold.”
Guy Davies, Managing Partner at WestBridge, said:
“The acquisition truly caps a phenomenal year for the business.
“Looking forward to 2025, the greater than expected AMP cycle determination, the position the business has built in Australia, the cross-selling opportunities from the 2024 acquisitions as well as the tail winds that continue to drive the core business mean that APEM has tremendous potential for organic growth over the next few years”