Birketts in saddle for sale of Newmarket thoroughbred Seed
Seed Environmental, whose head office is in Newmarket, is one of the leading providers of environmental and property incident response, remediation and restoration services for insurance, commercial and public sector clients.
Founded in 2023, Celnor Group is made up of like-minded businesses with complementary service offerings in the testing, inspection, certification and compliance (TICC) arena.
By becoming members of Celnor Group, Seed Environmental Ltd and its associated companies will benefit from additional investment in technology, people and marketing, all of which will enable the companies to embark on their next stage of growth.
The Birketts team was led by Corporate Partner, James Allen, and supported by Simona Gruodyte (Associate, Corporate), Issy Murray (Paralegal, Corporate), Robbie Watson (Senior Associate, Corporate Tax), Emma Nel (Solicitor, Corporate Tax), and Nick Pickersgill (Partner, Commercial Real Estate).
David Ball (Associate Director) and Tom Gallop (Partner) both at Evelyn Partners provided corporate finance advice to the shareholders of Seed Environmental Ltd and its associated companies, while Addleshaw Goddard LLP acted for Celnor Group.
James Allen, Partner in Birketts’ Corporate Team, said: “Birketts was delighted to act on behalf of Matthew Watts, Andrew Matley, Nicholas Mullen and the other shareholders in the sale of Seed Environmental Ltd, Seed Environmental (Ireland) Ltd, Seed Environmental Ltd (Republic of Ireland) and Arem Group Ltd to Celnor Group.
“It was a pleasure to work with the shareholders to secure the next stage of growth for the Seed companies, bringing additional investment that will help the team to achieve their goals.”
Matthew Watts, Managing Director of Seed Environmental, added: “We would like to thank the entire team at Birketts for their invaluable support, dedication and guidance throughout.
“Our partnership with Celnor Group will help us achieve our ambitious goals for the business, the team at Birketts played a big role in making this a reality.”
Simon Parrington, CEO, Celnor Group said: “Seed has an excellent reputation, and we are pleased to welcome the team to the Group. Their services are highly complementary to a number of our Group companies and further expand our offering.
“Like many of our member companies Seed provides vital inspection and compliance services which are critical to sustainable remediation, we look forward to supporting the team and investing to support colleagues and customers.”