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LDC-backed HSL Compliance acquires Albany Oak Limited

28 Sep 2021

HSL Compliance (hslcompliance.com), an SGI company, announces its acquisition of Albany Oak Limited. Based in Llanelli, Wales, Albany Oak Limited is an established independent Water and Effluent Treatment Specialist, with accreditation from S.G.S.

HSL Compliance is a UK risk and compliance leader, specialising in water, hazardous materials, fire safety and associated health, safety and environmental services. Part of SGI Compliance group (SGI) which is backed by mid-market private equity firm LDC, HSL Compliance is one of the UK’s leading companies in the legal compliance market. Its primary business activities are to support customers in their compliance with relevant legislation and to protect their staff from hazardous materials or activities.

Albany Oak Limited has been committed to supplying products and services of the highest quality and is a member of the Legionella Control Association. The acquisition of Albany Oak Limited allows HSL Compliance to expand its services into industrial water treatment as well as adding considerable experience and a history of exceptional customer service. With a proven track record in helping customers to achieve discharge consents by optimising current treatment or developing new treatment strategies. Albany Oak Limited also offers an emphasis on hands-on experience that enables them to provide rapid, practical and cost-effective solutions to its clients’ problems.

Gavin Hartley, Managing Director, HSL Compliance, commented:

“Combining Albany Oak Limited’s services with our own is a fantastic opportunity for both businesses. We quickly recognised that the values and culture of Albany Oak Limited were reflective of our own as well as strategically allowing us to enter into new markets. We are very excited about the future of both businesses.”

Craig Quinnell, operations director at Albany Oak Limited, commented:

“We are looking forward to our future with HSL Compliance. We have taken our West Wales based business from a local business to a national one while maintaining the same standards of service. We now feel the time is right to align ourselves with a major player in water treatment with businesses across Europe. It’s going to be exciting to help grow the HSL brand with our focus remaining on effluent treatment with the same local service we have always provided.”

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An acquisitive growth strategy can help firms build scale and resilience, and expand their breadth of services. By seizing this latest opportunity, SGI has bolstered its reach as compliance with environmental regulation becomes an even more pressing issue for businesses.”
Jonathan Bell
LDC

As part of SGI, HSL Compliance is backed by LDC. The private equity firm has provided follow-on funding to support the acquisition. LDC first invested £20million to back the carve out of SGI from global testing, inspection and certification group Kiwa, in May 2019.

With LDC’s support, SGI has become the market leader in environmental compliance, accelerating its organic growth and investing in complementary service lines through an ambitious buy-and-build strategy.