Further waste sector success for the Quercus team

Quercus Corporate Finance is delighted to announce the acquisition of Alpha Utilities Limited by Devon Contract Waste Limited.

The Quercus team, led by Mark Whelan, advised Devon Contract Waste Limited (“DCW”), one of the leading independent waste management business in the South West, on its acquisition of Alpha Utilities Limited (trading as Alpha Logic) (“Alpha”), a provider of waste and recycling services across Devon and Cornwall.

Financial details have not been disclosed.

There are significant synergies available through combining the two businesses andAlpha’s customer base is highly complementary to that of DCW, providing a great opportunity for the combined businesses in the market place.  The enlarged business will also offer greater opportunities for the management and staff in both businesses.

Mark Whelan, Quercus Partner said:

“I am delighted that we have successfully advised DCW on its acquisition of Alpha.  There is a strong strategic rationale for the acquisition and an excellent operational and cultural fit, creating a substantial independent waste management and recycling business in the South West of England. We wish the combined team every success in the future.”

Simon Almond, CEO of DCW, added:

“I am very grateful to Quercus for their support through the acquisition process – their sector knowledge, experience and insights made a real difference.  We are extremely pleased to welcome Alpha into the group and look forward to continuing to expand our offering across the South West.”