For general enquiries +44 (0)808 169 4320
  • Get in touch
  • About

    Birketts is a full service legal firm with offices throughout the East of England and in London.

    Whatever the challenge, we're here for you. As a proactive partner, we're always thinking about the changes and opportunities that you or your business will face, taking you to the next level.

    • Discover Birketts
    • Leadership Team
    • Offices
    • Environmental Social Governance
    • Compliance

    Our Culture

    Awards

  • Sectors
    • Agriculture
    • Banking & Finance
    • Care Homes
    • Charities & Not for Profit
    • Ecclesiastical
    • Education
    • Energy & Utilities
    • Family Business
    • Food
    • Healthcare
    • Housebuilders
    • Insurance & ReInsurance
    • International Services
    • Leisure & Tourism
    • Local Government
    • Motor Industry
    • Public Sector
    • Real Estate Investment
    • Retail
    • Shipping & International Trade
    • SIPPs / SSASs
    • Social Housing
    • Transport & Logistics
  • Services
    Services for business Services for individuals
    for business
    for individuals
    for business
    • Agriculture
    • Banking & Finance
    • Commercial Property
    • Commercial & Technology
    • Competition
    • Construction & Engineering
    • Corporate, Mergers and Acquisitions
    • Data Protection Services
    • Employee Incentives
    • Employment
    • Franchising
    • Health & Safety
    • Immigration Services
    • Intellectual Property
    • International Services
    • Litigation & Dispute Resolution
    • Planning & Environment
    • Property Disputes
    • Public Inquiries
    • Regulatory & Corporate Defence
    • Restructuring & Insolvency
    • Shipping & International Trade
    • Tax
    for individuals
    • Agriculture
    • Construction
    • Contentious Trust & Probate
    • Court of Protection
    • Data Protection Services
    • Dispute Resolution
    • Employment
    • Estate Planning & Wills
    • Family
    • Financial Crime
    • Immigration Services
    • International Services
    • Leasehold Enfranchisement
    • Motoring Offences
    • Personal Taxation
    • Private Criminal Defence
    • Probate
    • Property Disputes
    • Public Inquiries
    • Residential Property
  • Our People
  • Insight

    Legal Updates

    News

    Newsletters

    Events

    Webinars

    Podcasts

    Shaping excellence

  • Join us
    • Current Vacancies
    • Our Story
    • Life at Birketts
    • Learning & Development
    • Benefits at Birketts
    • Environmental Social Governance
    • Recruitment Contacts

    Graduates

    Business Services

    Legal Secretaries

    Lawyers

  • Home
  • News
  • Birketts advises leading private equity investor on its second acquisition by its East of England Fund
Share on
Birketts advises leading private equity investor on its second acquisition by its East of England Fund
February 9, 2021

Birketts has advised private equity firm, Foresight Group LLP (Foresight), on the acquisition of Essex-based Plantexpand Ltd (Plantexpand) for an undisclosed sum.

Established in 1984, Foresight are a leading independent infrastructure and private equity investment manager, investing funds on behalf of clients for over 35 years and responsible for over £6.8bn of assets under management.

Foresight has made a £5m investment to support the buy-in management buy-out of Plantexpand, a well-established specialist plant and vehicle maintenance provider servicing the utilities industry, in a deal which is intended to accelerate further growth via new management. The investment is made by the £100m Foresight East of England Fund which is being invested to support growing SMEs across the East region.

Founded in 1987, Plantexpand provides comprehensive plant and vehicle fleet maintenance and repair services across the South East of England. Dealing mainly with bluechip companies, Plantexpand’s bespoke asset management software system offers quality asset management services for business-critical vehicle and equipment servicing. The company has longstanding clients including Thames Water, UK Power Networks, the AA and the National Grid amongst others.

The Birketts team acting for Foresight was led by Adam Jones (Corporate) and included James Stocker (Corporate), Clare Barlow (Employment), Devreaux Gravell (Banking and Finance) and Nahla Faiz (Property).

David Turner, Investment Director at Foresight said: “We are looking forward to working closely with the Plantexpand management team to boost the growth of this highly-respected business.  This is a great investment for our East of England Fund, and Birketts delivered across the board, as we would have expected from a firm with a reputation such as theirs.  Their legal skills and corporate expertise were invaluable in getting a deal completed, but it also comes with an impressive personal touch and forward-looking approach. We would highly recommend the team and look forward to working with them again on future transactions.”

Adam Jones, Partner in Birketts’ Corporate Team said: “Foresight’s focus on the East of England makes our acting for them a perfect fit, particularly as our Private Equity and Banking & Finance practices continue their impressive growth. We demonstrated our abilities to advise on and close out the private equity investment alongside senior bank funding for the deal, which sets up Plantexpand for the future plans of the new management. We are looking forward to going on that journey with them.”

Adam Jones

View profile

James Stocker

View profile

Clare Barlow

View profile

Devreaux Gravell

View profile

Nahla Faiz

View profile

The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at February 2021.

Join us

  • Business services
  • Experienced lawyers
  • Graduates

Information

  • Anti Slavery
  • Cookies
  • Fees
  • Statement

Find us

  • Contact us
  • Our People
  • Offices

Subscribe

  • Subscribe
© Copyright Birketts LLP 2022 All rights reserved
Follow us: