RPS advises Baird Capital During its Successful Corporate Acquisition

RPS provides value-added Environmental and Health & Safety risk management and engineering services to financial and strategic buyers, portfolio managers, and industrial clients, as well as to lawyers, lenders and other interested parties.

With a large specialist team in London and support from numerous offices around the UK, the team focuses on transactional due diligence and the risk assessment of associated liabilities. We then help resolve and manage such issues after a transaction closes.

Last month, RPS provided Environmental, Health & Safety (E,H&S) due diligence advice to Baird Capital, during its successful corporate acquisition of CAV Ice Protection and CAV Advanced Technologies (CAV).

Headquartered in the United Kingdom, CAV’s proprietary Ice Protection systems provide a solution to a critical safety challenge across numerous segments of the aerospace market. CAV is also a technology and manufacturing partner to major commercial OEMs for hybrid laminar flow control (HLFC) drag reduction systems, which increase fuel efficiency.

Through detailed on-site inspections, discussions with relevant CAV personnel, desk studies and consultations with regulatory bodies, RPS assessed the material Environmental and H&S issues at the five facilities relevant to the transaction.

The results of our due diligence review were delivered in an easy to use reporting format, within the deal timetable and will form the basis of the plan to manage E,H&S at the company going forwards.

“We rely on RPS to review the sites of all new industrial business we acquire. They provide comfort that all key environmental issues have been addressed, this is critical from a liability perspective but also for ESG compliance within our portfolio. In addition, the RPS reports feed directly into our 100 day plans to improve the health & safety management systems of our businesses.” - Baird Capital.