Team members involved:

At the time of our investment, Casella was the second largest provider of environmental services and products in the UK. It provided air, water, effluent and contaminated land consultancy and laboratory-based testing services, as well as manufacturing instrumentation for environmental measurement.

  • Investment: March 2002
  • Sector: Business services
  • Business: Environmental services
  • Growth Strategy: Buy-and-build

Why we invested

Environmental services is a long-term growth industry, and Casella had a strong competitive position in its end markets. This was an opportunity to support the company’s ambitious buy-and-build strategy, as a leading consolidator in the fragmented environmental services sector.

The result

After completing a number of further acquisitions, the business underwent a period of operational integration to consolidate its market-leading position, and to deliver the synergies from its acquisition programme. Following several approaches from strategic buyers, the investment was successfully realised via the separate sales of Casella’s two main operating divisions in 2005 and 2006.

Read more about our Business & Financial Services strategy

The Bowmark team's experience has helped enormously and I always feel they will deliver on what they say.

Paul Woodley, Chairman
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