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News Corporate Deals 8th Sep 2022

Freeths advise BGF-backed Hydrock on two acquisitions

Freeths Birmingham Corporate Team have advised BGF-backed Hydrock on its recent acquisitions of 3e Consulting Engineers and Complete Design Partnership. These acquisitions will further strengthen and expand Hydrock’s multi-disciplinary consulting offering and now take Hydrock to three acquisitions completed within the last 18 months.

Founded in 2001, 3e Consulting Engineers has a 30-strong team and provides consultancy in civil, geo-environmental and structural engineering for property projects in the UK and internationally, operating from offices in Wakefield and Newcastle.

Founded in 1994, Complete Design Partnership has a 15-strong team and provides full design and detailing consultancy services in the residential, commercial, industrial, and logistics and distribution (L&D) sectors in the UK and internationally, operating from offices in Worcestershire.

Hydrock is a leading integrated engineering, energy and sustainability consultancy, specialising in creating climate resilient solutions for a wide range of infrastructure projects. With over 800 employees, Hydrock operates in 21 locations both in the UK and internationally. Hydrock have had eight consecutive years in the 100 Best Companies listings.

The deal team, which included specialist lawyers from across Freeths, was led by Mohammed Abbas with the support of Katherine Ferrari-Bradley, whilst client relationship director Ateeq Ahmed supported the team in the delivery of the transactions. Specialist lawyers included Laura Tracey (Employment), Alex Angelides (Tax), Kim Jones (Pensions), Alison Heathcote (Construction) and Nikki Guest (Property).

Mike Yiannis, Chief Financial Officer at Hydrock, said: “We are delighted to have completed these latest additions to the Hydrock family and look forward to working with their management teams. Hydrock is experiencing strong organic growth across all our business areas which we will continue to complement with strategic acquisitions.  Freeths have been our corporate lawyers for over a decade now and, as always, have provided a first class service with clear, pragmatic advice working closely with us to successfully complete these latest acquisitions.”

Mohammed Abbas, Managing Associate in the Corporate and Private Equity team at Freeths, said: “It is always a pleasure working with Hydrock and we were thrilled to assist on these two strategic acquisitions. Hydrock continue to expand at pace across the UK and internationally whilst maintaining the same values that have been core to its long-term success – we are sure that both 3e Consulting Engineers and Complete Design Partnership will be enthusiastically welcomed into the Hydrock family and will dovetail seamlessly into the unique Hydrock culture.”

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