The Hawsons Corporate Finance team have advised the shareholders of ICE Plumbing & Water Services Ltd on its successful sale to HSL Compliance, a leading provider of legal and regulatory water safety services in the UK. This strategic acquisition aligns two complementary businesses, enhancing their combined capabilities in the water hygiene and compliance sector.
ICE Plumbing, headquartered in Barnsley, South Yorkshire, specialises in mechanical and water hygiene services. It delivers trusted support to clients in the healthcare, education, commercial property, and facilities management sectors. The company has built a strong reputation for responsive service and sector-specific expertise.
The acquisition by HSL Compliance brings together two teams focused on water safety, system integrity, and legislative compliance. This partnership is set to expand ICE's reach, leverage enhanced operational resources, and continue delivering high-quality services under a respected national brand.
Hawsons acted as lead adviser to the shareholders of ICE, providing comprehensive support throughout the transaction process.
Shaun Matthews, Director at ICE Plumbing & Water Services, commented:
“Finding the right partner for the next phase of ICE’s journey was essential. We’ve built the business on trust, service quality, and strong client relationships. In HSL Compliance, we’ve found a team that shares those values. Hawsons guided us at every step, ensuring a smooth and well-structured process. Their insight and deal experience were invaluable.”
Jack Parker, Corporate Finance Manager at Hawsons, added,
“This transaction represents a significant development in the water hygiene and compliance sector. Integrating ICE Plumbing’s expertise with HSL Compliance’s resources creates a robust platform for growth. Our role was to assist the shareholders in realising value while ensuring the business and its employees are well-positioned for future success. We are proud to have supported such a high-quality business through this important milestone.”
Hugh Mulley of Chadwick Lawrence Solicitors provided legal advice to the sellers. The deal team at HSL was led by Tom Taylor and Mark Stevens with advice from Menzies LLP (Corporate Finance) and HCR Law (Legal).
Pete Wilmer
Corporate Finance Partner