Athesis acquires Padd Energy
Services provided: Acquisition due diligence
In July, we supported Anthesis with its acquisition of Padd Energy.
This was the third strategic acquisition in six months for Palatine backed Anthesis, the world’s largest group of dedicated sustainability experts.
UK based Padd Energy is a specialist energy engineering consultancy and works with some of the world’s largest corporations, such as Arla and Reckitt, to identify, agree and meet net-zero commitments.
Specialising in Waste-to-Energy and Biofuels to Renewables and Heat Networks, Padd Energy has delivered projects, from strategy to implementation, for clients across all major sectors and in locations including Europe, Asia and South America.
The transaction further cements Cortus as a leading M&A advisor in the Environmental Consultancy sector.
Nicola Merritt who acted for Anthesis said, “Net Zero targets and the current position in Ukraine highlight the ever-increasing importance of sustainability strategies. The acquisition will add further strength to Anthesis’ global operations and capabilities.”