Clearwater has advised LDC and Stroma, a market leader in sustainability and compliance services across the built environment in the UK, on its exit to Phenna Group.
Headquartered in Wakefield, Stroma is the UK’s leading provider of technology-driven safety, sustainability and compliance services to clients across all stages of the building lifecycle, from pre-construction through to occupancy. Its services include testing, consultancy and building control, along with inspection and maintenance work. As part of its testing and consultancy work, it helps customers from multi-national corporations to SMEs on their journey to becoming net zero through increasing energy efficiency and reducing CO2 emissions and wastage.
Since LDC invested in Stroma in 2014, the business has expanded its range of sustainability services in design and consultancy to become a leading provider to the built environment industry. The business is currently in the advanced stages of the B-Corporation certification process.
Headquartered in Nottingham, UK, Phenna Group's aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers' peace of mind by delivering first class assurance services.
Through its extensive network, Phenna Group will now support Stroma to further expand its customer base and enhance its portfolio of market-leading services.
