Three Dealmakers nominations for WestBridge
The acquisition provides the fast-growth environmental consultancy with a significant presence in Australia, adding 150 colleagues and nine offices to its global footprint.
WestBridge has supported an ambitious growth strategy at APEM since backing an MBO in March 2019.
Accelerated growth over the past three years has seen APEM complete seven acquisitions, the latest is its first in the Asia-Pacific region.
Peter Barkley, partner at WestBridge, said:
“APEM Group continues to go from strength to strength both domestically and internationally. Australia is a key territory for growth and this latest acquisition opens up a raft of opportunity in the Asia-Pacific region.
“This is a significant transaction that transforms APEM Group into a truly global environmental consultancy. Biosis brings new capabilities to the Group and access to clients in key Australian markets.
“This sets up the Group for further significant growth in Australia and accelerates delivery of its international growth plan. If potential acquisitions targeted for later this year are taken into account, the Group could well become a c£30m EBITDA business by the end of 2024.
“Leah and her leadership team continue to add complementary businesses that share a commitment to science-led, data-enabled environmental solutions, growing the business at pace and scale.”
Leah McGimpsey, APEM Group CEO, said:
“As one of Australia’s leading ecology and heritage consultants, Biosis’ commitment to science, data and exceptional client service aligns with our Group ethos.
“Bringing Biosis into the Group is an important step in delivering our people strategy to build great teams where colleagues can work together across the Group to collaborate on new and exciting opportunities, learn from each other and develop and expand their careers.
“Biosis joining the Group truly transforms our ability to serve clients locally in Australia. With 150 new colleagues across 9 offices, this acquisition brings national ecology, botany, zoology and heritage capabilities into the Group that will benefit our clients in Australia, giving the Group significant in-country presence and accelerating our growth strategy in Asia Pacific.”