Crowe advises Just Welfare Limited on its sale to Acquisan Limited.
Crowe advised the shareholders of Just Welfare Limited (Just Welfare), a market-leading provider of mobile welfare units for hire, on the sale of the business to Acquisan Limited (Acquisan), backed by Westbrooke Private Equity UK.
Launched in 2021, Just Welfare has rapidly established a leading position in the temporary site accommodation market across London and the South East, with an outstanding reputation for delivering exceptional client service and the highest quality welfare hire solutions.
Just Welfare’s continuous investment in building a comprehensive fleet of innovative, solar-powered welfare units, coupled with the team’s recognition in the market for consistently delivering highly reliable, efficient and professional service, has enabled the business to achieve exceptional growth and profitability in recent years.
The company’s impressive growth trajectory is set to continue, with Just Welfare continually gaining market share across the Construction, Infrastructure, Utilities and Equipment Hire sectors, through ever-increasing levels of repeat business and strong momentum in winning new customers.
The acquisition of Just Welfare represents another significant milestone for Acquisan in its mission, backed by Westbrooke Private Equity UK, to build a leading network of high-quality, growth-focused welfare and site accommodation hire specialists in the UK.
Crowe's role and team
The Corporate Finance team led by Connor Tostevin, acted as lead advisers to shareholders Tom Worrall, Lee Pooley, Michael Hennessy and Wesley Ray.
Client quote:
“I cannot rate my experience with Crowe highly enough. A share sale is a complex process and not one we were familiar with, but Connor guided us through it brilliantly and simplified the whole operation. His technical knowledge was excellent, but what really set him apart was his commercial judgement, his clear understanding of the legal aspects of the transaction, and his calm, level-headed approach throughout. He was always available when we needed him, often taking calls early in the morning or late at night and the value he added to the deal was phenomenal.”
Tom Worrall, Director, Just Welfare Limited.
