Financial and tax due diligence support to idverde for its acquisition of Acorn Environmental Management Group
26 July 2024
Our Deal Advisory Due Diligence team has supported idverde’s acquisition of Acorn Energy Management Management (“Acorn”) through the provision of comprehensive buy-side financial and tax due diligence services.
Acorn was established in 1994 as a provider of management services for protecting and enhancing the natural environment in the West Midlands. Since incorporation, Acorn has grown to become a well-respected arboriculture and landscape service provider in the Midlands area, offering a range of services including tree surgery, ecological mitigation and grounds maintenance.
idverde is the UK and Europe’s leading provider of grounds maintenance services and landscape creation projects, with many client including The Royal Parks in the UK. The acquisition enhances and complements idverde’s current service offerings and arboriculture expertise.
Pierre-Paul Jacquet, Partner:
“It was a pleasure to have supported idverde in its successful acquisition of Acorn. Over the past three years, Forvis Mazars has developed a strong working relationship with the team at idverde through several acquisitions in Europe delivered by our colleagues in France. We are delighted to have built on the relationship further by providing services to idverde in the UK for the first time, demonstrating our strong global reach and cross-border collaboration. We look forward to seeing how the new partnership with Acorn develops over the coming years.”
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