PENNINGTONS MANCHES COOPER ADVISES SIMPLY SUSTAINABLE ON ITS MAJORITY INVESTMENT FROM AGATHOS MANAGEMENT LLP

Founded in 2010, Simply Sustainable delivers ESG and sustainability strategies, carbon services, ESG reporting, communications, and sustainable transformation programmes. Simply Sustainable provides services to a range of business sectors including financial services, technology, consumer, construction, infrastructure, and hospitality. The business serves its international client base from offices in the UK (London and Berkhamsted) and Europe (Amsterdam) with the high calibre team more than doubling in size over the last 12 months.

Agathos’s investment into Simply Sustainable initiates a strategic growth plan to align a number of service lines and delivery channels, providing the market with an integrated, end-to-end sustainability services proposition. The business will pursue a dual track organic and acquisition strategy with support from Agathos. The resulting group will be quality-led, providing customers with a full suite of sustainability services.

The corporate team advising Simply Sustainable was led by partner Will Axtell with support from partner James Went, senior associate Dominique Sabatini, associate Lindsay Chadwick and associate Leo Shrimpton. The wider team included support from corporate tax partner Kathy Hills, banking and finance partner John Chater, corporate tax associate Leonie Langley, pensions partner Alison Hills and senior associate Clare Coley, commercial senior associate Nora Pook, commercial managing associate Edmund Forey and employment associate Luke Shaw.

Nicola Stopps, CEO of Simply Sustainable, commented: “Simply Sustainable was established with a desire to make it easy for businesses to act sustainably and create easy to follow pathways. After a period of considerable expansion, we’re delighted to announce this investment to further our work to date and help us deliver the greatest change possible. I’d like to thank Will Axtell and the wider team at Penningtons Manches Cooper for their expertise and advice in delivering this strategic deal for Simply Sustainable.”

Will Axtell, corporate partner at Penningtons Manches Cooper said: “We are delighted to have advised the team at Simply Sustainable on this important investment from Agathos Management LLP, which will be key to building on its already impressive growth and providing a growing number of businesses with an integrated, end-to-end sustainability services proposition. We wish Simply Sustainable all the best for their exciting future.”