PCS Asbestos Consultants

PCS chose HURST Corporate Finance (HURST)  due to their outstanding track record in the northwest market. Max Perry and Danielle Tierney were engaged to lead on the disposal of the business.

PCS, using its best-in-class PCS Risk Manager software platform and apps, provides professional asbestos surveying, management and consultancy solutions throughout the UK and Ireland. PCS has a wide-ranging blue-chip customer base with extensive commercial property estates across the private sector, spanning retailing, pubs and leisure and mobile telecoms.

A market leader in the field of asbestos management with outstanding margins and unique technology, PCS was marketed to a range of trade and PE suitors before settling on selling 100% of the share capital to Marlowe PLC.

Initially insisting on an earn-out measured against financial performance, HURST negotiated this position to be linked to integration targets, all but guaranteeing the payment to the client. Aligning the views of shareholders and management, HURST delivered a transaction that suited all parties.

The business has been acquired by Tersus Consultancy, which is part of Marlowe PLC. The terms of the transaction are undisclosed.

Marlowe provides specialist services which assure safety and regulatory compliance for its clients. Its extensive portfolio of group companies manages risks for businesses across individual divisions that focus on health and safety, HR and employment law compliance, fire safety, security, water safety, water treatment, air quality and occupational health services.