Acumen Waste Services
Specialist waste adviser Acumen Waste Services, which runs a regional office in Four Ashes, near Wolverhampton, has been bought by its management in a deal aimed at developing further growth.
The new owners said the deal would also consolidate Acumen's position as a major waste services provide in the UK market.
Based at Wetherby, in Yorkshire, the company runs a regional office at the Four Ashes Industrial Estate.
The deal, giving Acumen's directors full control of the business, involves the buyout of venture capital company Lloyds Development Capital (LDC) for an undisclosed sum. LDC has been a shareholder since an original management buyout in 2001.
The latest deal was funded by Yorkshire Bank, with Hammonds in Leeds acting as legal advisers.
Acumen provides waste management advice and services to customers in the construction, chemicals, industrial and food & retail sectors.
It has won a string of major contracts over the past three years, including a £1 million deal to provide waste services to biodiesel manufacturer Biofuels.
| Acumen Waste Services
The new owners said the deal would also consolidate Acumen's position as a major waste services provide in the UK market.
Based at Wetherby, in Yorkshire, the company runs a regional office at the Four Ashes Industrial Estate.
The deal, giving Acumen's directors full control of the business, involves the buyout of venture capital company Lloyds Development Capital (LDC) for an undisclosed sum. LDC has been a shareholder since an original management buyout in 2001.
The latest deal was funded by Yorkshire Bank, with Hammonds in Leeds acting as legal advisers.
Acumen provides waste management advice and services to customers in the construction, chemicals, industrial and food & retail sectors.
It has won a string of major contracts over the past three years, including a £1 million deal to provide waste services to biodiesel manufacturer Biofuels.
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