Clear-Flow – going with the flow

We have advised national drainage and wastewater utility specialist Lanes Group on its acquisition of south-west drainage solutions company Clear-Flow Limited, supporting the company’s strategic growth plans in the UK utility market. 

The client

Lanes Group is a national drainage company providing services for utility, rail, local government, transportation, construction, telecoms and domestic sectors. The company was established in Leeds in 1992 and is now made up of a network of 24 locations in the UK, with a workforce of more than 4,000 people. Founded in 1982, Cornwall-based Clear-Flow provides drainage solutions across the south-west.

The acquisition of Clear-Flow will support Lanes Group’s ambitions for UK expansion, bringing together two strategically aligned businesses – which are both established players in the utility market. Clear-Flow will also bolster Lanes Group’s existing commercial activity in the south-west. 

Our solution

Our North-West deal team managed the acquisition, led by James Wild and Rikesh Patel, with support from Ben Everson and Austin Halewood.

Testimonial

‘The RSM team offered its wealth of acquisition experience and expertise to the process. Resulting in an effective and seamless transition for all involved’.

Julie Hobbs, Director of Finance
Lanes Group plc