EDP Consultants Ltd has secured an equity investment from MSIF, which will be used for international growth of the business.
Established in the early 1990’s, EDP has helped businesses of all sizes, in a wide variety of sectors to manage health, safety, property compliance and environmental issues thereby helping to protect people, property and company reputation.
The St Helens-based consultancy firm prides itself on a unique approach to the delivery of health, safety and compliance services, for an impressive list of blue-chip clients including Accenture, Facebook and Microsoft.
MSIF originally assisted the management team with the Management Buy Out (MBO) of EDP Health, Safety and Environment Consultants Ltd in 2014, and are now providing further funding to assist with the global expansion of the EDP Group following strong demand for EDP’s services from customers.
The Group is led by Mark Haydock (Group CEO), who during his career has specialised in the growth and development of environmental and safety consultancies. He has a successful track record within the international consulting environment, having built and established businesses for three separate consultancies in both the UK and in Australasia.
Following the MBO in 2014, the management team have been responsible for the execution of the business’s growth strategy, which included the acquisition an asbestos consultancy business from the Institute of Occupational Medicine in 2017.
The additional funding from MSIF will also be used for investment in state-of-the-art technology, allowing EDP to continue to be one of the most innovative service providers in its markets.
Simon Thelwall-Jones, MSIF Investment Director said “We’re delighted to be able to support EDP once again with the growth and development of the business. EDP has unparalleled traction within the market and an impressive blue-chip client base. Mark is very knowledgeable and skilled within his sector, resulting in the great success that he and his team at EDP have achieved already.”
“We made sure that during the investment process we took the time to really understand EDP’s goals, needs and strategy, so that we could tailor the support we provided. MSIF and I look forward to continue working with EDP through post-investment support during the next chapter of their evolution.”
Mark Haydock, EDP CEO added “Having worked with MSIF on the original MBO in 2014, we felt that they were the natural partners for EDP in the next stage of our growth. Over the coming years we plan to expand internationally with a particular focus on Australia, whilst also scaling up our operations in the UK. This is an exciting time for everybody at EDP and we are pleased to be working with MSIF to bring our plans to life”.