Wessex Group Ltd

Meridian Corporate Finance are delighted to have advised the shareholders on the sale of Shaftesbury based, Wessex Group, to andwis Group, an HIG Capital backed technical building services business.

Wessex Group, based in Shaftesbury, serves customers across Southern England with M&E, Energy, Fire & Security and Planned Property Maintenance solutions. Founded in 1963 by Tony Morgan - Wessex has continually grown in size and geographic reach through the leadership of his two sons, Alistair and Simon Morgan.

andwis is a leading UK technical services provider. The company provides mission-critical technical services to the built environment through a network of highly-skilled experts.

The acquisition of Wessex is highly strategic for andwis, bolstering its presence in the South-West and transforming andwis into a leading centre of excellence within the region.

Michael Barcia, Director at Meridian commented: “We have known Ali and Simon for over a decade now, so it was a real privilege when they appointed us last year to help with the sale of Wessex.

The business itself was a no-brainer for us to take on for sale. With a fantastic management team that has the regionality to support local communities and businesses, yet the commerciality to attract large PE backed technical services providers, we knew from the get-go that Wessex was a business we had to be involved with in some way.

Ali, Simon and the Wessex team were a pleasure to work with throughout the process, and we wish them all the best with the next phase of personal and professional lives.”

Alistair and Simon of Wessex commented: “We have known Mike for many years and Meridian have acted for several people we know, and the feedback has always been very positive. It can be a daunting process at times, but Prabin and the Meridian team navigated us through it with professionalism and humour. We could not recommend them enough."

Michael Barcia, Prabin Sunar and George Forgan of Meridian led the transaction – along with the support of Laceys Solicitors, Fiander Tovell and Azets who provided legal, tax and accounting support respectively.