Welfare Unit Hire Ltd, the Wigan-based specialist regional hirer of eco welfare units has joined forces with boutique investor and growth specialist Acquisan Ltd, in a deal brokered by The Hire Exchange Ltd.
Acquisan founder Julian Pienaar commented, “I have worked internationally for many years in Corporate Finance and Strategy in the equipment hire sector, and specifically in the Welfare and Sanitation arena. I am really excited to be applying this experience here in the UK with Welfare Unit Hire.”
WUH founder Mick Elston said “My wife Liz and I have spent 20 years growing the business and have built a wonderful client base and internal team. However, to realise its true potential more investment, energy and expertise is required and Julian fits the bill perfectly. Now, under Julian’s leadership, we can move forward with real confidence.”
Mick Elston will continue with the business in a ‘hands-on’ but advisory capacity for an extended period. Day-to-day operations will remain in the capable hands of General Manager Jim Kennerley and his team, who will be responsible for ensuring quality, continuity and stability at the operational level.
Chris Harvey co-founder of The Hire Exchange commented. “We are delighted to have found a way for Mick and Liz to realise the proceeds of years of hard work and to ease the pressure of day-to-day operations. Now Mick and Liz can have more time for family life as well as helping and supporting Julian and Jim as they take the business to the next level.”
Follow us on LinkedIn