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Cowgills advises Palatine on B2W Group’s acquisition

Cowgills advises Palatine on B2W Group’s acquisition

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Cowgills Transaction Services has advised Palatine on B2W Group’s acquisition of ECTA Training.

Palatine backed B2W Group, the leading national skills and training group, has branched out into green skills with its latest strategic acquisition.

ECTA Training, a company specialising in smart metres, electricals, renewables such as heat pumps and solar panel installation training, is the company’s third acquisition since October 2020.

Cowgills advised on the financial and tax due diligence, led by deal advisory partner, Andrew Nelson who also advised on B2W’s acquisition of BePro Development in December 2023.

Nelson said: “Cowgills is delighted to support our long-standing client Palatine on achieving their great joint ambitions with B2W Group. ECTA Training is a fantastic addition to the organisation, and we’re pleased to get this green deal over the line.”

Luke Muscat, CEO of B2W Group, said: “A move into the low carbon energy training space is highly strategic as we expect market demand to expand dramatically. We remain focused on acquiring niche sector specialist providers such as ECTA and using our platform to support their future growth.”

James Painter, senior investment director at Palatine, said: “ECTA represents the third acquisition since our original investment in B2W Group and we see it as a strong strategic fit given the focus on green skills. The sector is still highly fragmented and we are keen to support the group in acquiring more high quality training providers in the future.”

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