St Helens-based EDP Consultants has secured an equity investmentfrom Merseyside Special Investment Fund (MSIF) which will be used to grow the business internationally.
Established in the early 1990s, the company helps businesses across a wide variety of sectors to manage health, safety, property compliance and environmental issues. Clients include Accenture, Facebook and Microsoft.
MSIF originally assisted the management team with the MBO of EDP Health, Safety and Environment Consultants in 2014, and are now providing further funding to assist with the global expansion of the EDP Group.
The cash injection will also be used for investment in new technology.
Chief executive Mark Haydock said: “Having worked with MSIF on the original MBO in 2014, we felt that they were the natural partners for EDP in the next stage of our growth.
“Over the coming years we plan to expand internationally with a particular focus on Australia, while also scaling up our operations in the UK. This is an exciting time for everybody at EDP and we are pleased to be working with MSIF to bring our plans to life.”
Simon Thelwall-Jones, MSIF investment director, added: “EDP has unparalleled traction within the market and an impressive blue-chip client base. Mark is very knowledgeable and skilled within his sector, resulting in the great success that he and his team at EDP have achieved already.”