What we did
Capitalmind actively supported Tersus’ shareholders all along the disposal process: financial analysis, valuation guidance, marketing documentation drafting, management of the DD process, execution support up to closing, deals tactics and negotiation.
About the deal
Formed in 1986, Tersus provides testing and inspection services to a wide range of clients in both the private and public sectors, mainly focused on managing the risk of asbestos. Tersus, which employs approximately 180 staff, is headquartered in Rainham, Essex, and operates nationally from eight sites, each with its own laboratory.
Marlowe plc is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses that provide critical testing & maintenance services in the UK.
The acquisition of Tersus will enable Marlowe to extend the health, safety and risk management services it provides to customers and to benefit from the complementarity of the activities carried out by Marlowe in Water Treatment and Air Hygiene.