Current Investments

EnviropacificLogo400

Adexum acquired an initial 44% stake in Enviropacific Services Pty Limited in November 2014.

EPS was founded in 2001 by Matthew Fensom and Cameron McLean to provide environmental engineering services to multi-national industrial and resources companies, property developers and Government clients. EPS is now a national organisation with forecast revenues and earnings before interest, taxation and deprecation (“EBITDA”) of $96 million and $12 million respectively for the year ending 30 June 2015.

Currently EPS consists of two primary divisions – Environmental Engineering/Remediation and Petroleum Services and two emerging divisions – Water and Vapour Management and Products.

Adexum considers EPS to be a classic development capital opportunity that meets all Adexum’s investment criteria:

EPS is a national company with a strong track record of profitable growth, both organically and by acquisition

The management team is proven with well-developed growth plans and very capably led by Matt Fensom and Cameron McLean

Environmental legislation is expected to continue to increase, making EPS’s services an essential part of the suppy chain

Adexum will be partnering with current shareholders and management

Adexum believes that its capital and active involvement will assist EPS achieve its growth potential for the benefit of all stakeholders.

©2015 Adexum Capital Limited ABN 28 156 499 651

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