Primary Water Solutions joins Celnor Group
We have advised the shareholders of Primary Water Solutions on the sale of the company to Celnor Group.
Founded in 2011, Primary Water Solutions specialises in water and air hygiene focusing on preventing legionella outbreaks and other waterborne risks. The company provides risk assessments, monitoring and training to a wide range of UK organisations.
Celnor Group, backed by private equity fund, Inflexion, provides critical data for compliance, safety and sustainability aims.
The company was advised by Capital’s Corporate and Private Equity team, led by Angelina Drljaca-Chandler and supported by Alex Prothero and Benjamin Liebenberg, alongside specialists from across the firm. Anesi Advisors, an investment bank specialising in exits and growth capital also advised the sellers on the deal.
Henry Lewis, Partner at Anesi Advisors, said:
We’re delighted to have advised the shareholders of PWS on this important milestone. The business has established a strong market position in the UK water hygiene and compliance sector through high-quality service delivery and technical expertise. Celnor is an excellent strategic partner for the next phase of growth, and we’re pleased to have supported the team throughout the process.
Angelina Drljaca-Chandler, Partner in the Corporate & Private Equity team at Capital Law, said:
It has been a pleasure supporting the shareholders of PWS on this transaction. They’ve built a remarkable business with exciting growth potential, and partnering with Celnor is a natural next step that will undoubtedly strengthen their future success. We wish them every success moving forward.