Mergers & Acquisitions
Execution Led
Value Driven
We are private equity’s specialist Transaction Execution Partner.
Evology’s M&A practice is built for private equity.
We support Private Equity and their portfolio companies across every stage of the investment lifecycle; from competitive bid support, due diligence and day one planning, to transaction execution and long-term value creation.
We work alongside investors and management teams to identify and address the real challenges that sit behind every deal: business stability, compressed timelines, hidden risk, complex transactions, and the need to protect and grow value from day one.
By combining our Execution heritage with a full end to end consultancy service model, we help provide credibility, de-risk transactions, execute with confidence, and accelerate value creation across the portfolio.
We’re not just consultants.
We're value enablers.
How we help
Transaction Advisory/
Positioning private equity as a credible partner throughout the bid process to deal completion.
Transaction Bid Support
Due Diligence
Deal Closure Support
Transaction Execution/
Ensuring the seamless transition from deal completion to value realisation.
Carve Out Execution
Merger Integration Execution
Value Creation/
Delivering the value creation plan to accelerate portfolio performance and maximise exit value.
Strategy and Operating model
Technology and Data Enablement
Operational Excellence
Exit Readiness
Introducing Evolve 360
Evolve 360 is Evology’s integrated framework built to support private equity through the investment lifecycle. Whether buy-side or sell-side, you need an experienced partner that can support through the full investment lifecycle to a clean and successful exit.
TM
We support investment teams ahead of the deal by providing clear, actionable insights to inform better decision making and certainty of execution. Partnering closely with the wider deal team, our advisory services team will identify and manage execution risk, develop delivery-led budgets to support investment decisions, and shape execution strategies that add credibility in competitive processes.
As transactions complete, our execution specialists embed themselves into the business and support the management team through the cross functional execution of complex carve-outs and post-merger integrations. We manage activities across the whole transaction footprint, providing clear governance and disciplined delivery from day one to ensure a smooth transition, protect value, and maintain business continuity post-close.
Value creation doesn’t start at day 2, but throughout the lifecycle of the investment, where we work with portfolio companies to unlock performance and accelerate growth. Through targeted, achievable initiatives, we help simplify services, rationalise costs, optimise operations, enable scalability, and strengthen resilience, supporting both near-term performance and long-term exit value.
“We’re delighted to have completed, and your support has been absolutely invaluable in helping us get to this point; we and the team have been incredibly appreciative of your guidance and immense efforts throughout”
Paul Youens, Investment Director
Client Stories
Fuel & Lubricant Distributor
Evology led the end to end carve-out of a market-leading fuel logistics business, overseeing the transaction from bid support to clean exit. We delivered a standalone payroll solution inside 3-months, executed the technology separation, including the stand up of a new IT MSP and complex ERP eco-system, whilst supporting the People and Finance functions. Condensed into a 9-month programme, the separation established a fully standalone business, with significant cost reduction, and a value creation plan, outlining day 2 initiatives and benefits.
Transaction overview
- £1.5bn turnover business
- Over 570 employees across the UK
- 45 operating locations
Value realised
- £442k annual saving on telephony spend
- TSA condensed from 12 months to 9
- VCP provided with 50+ opportunities
Hire Train Deploy business
Evology led the carve-out of a multi-jurisdictional hire-train-deploy business from a US plc, providing deal closure support through to separation execution. Our team negotiated the TSA, managed key completion deliverables, addressed change of control requirements, renegotiated key supplier agreements, and led the finance and technology separation, including ERP, CRM and AWS migrations. We also supported the stand up of global payroll, new legal entities across jurisdictions, banking and employee transfers and delivered a controlled, seamless transition within a condensed separation period.
Transaction overview
- 1000+ employees and alumni.
- 11 global Jurisdictions
- Carve-out from US listed parent
Value realised
- 86% annual saving on Microsoft licensing
- Fully compliant tax and banking separation
- Executed within 7-months
Sustainable IT Services Provider
Evology supported the acquisition of a sustainable IT and lifecycle services business, providing transaction advisory services from deal closure support to completion. We conducted discovery sessions with sell-side advisers and engaged closely with management to assess operational readiness and execution risk. Our team supported TSA negotiations and identified critical day 1 considerations that would have impacted business continuity if left unaddressed. These were translated into clear post-completion actions, enabling a smooth transition and supporting the investor through to successful completion.
Transaction overview
- Over £150m annual revenue
- Services across public, private and education sectors
- 6-Month TSA
Value realised
- Capture of operational risks pre-completion
- Key mitigations negotiated into the TSA
- Clear post completion activity defined
Training & Apprenticeships Provider
Evology delivered the full technology carve-out of a UK based adult learning and apprenticeship provider from a Blue-chip UK plc. We supported the discovery and design effort, led Day 1 technical completion deliverables and executed the stand-up of the standalone infrastructure, consisting of a Microsoft tenant migration, cloud separation, SaaS & secure data transfer, and an RFP for a new IT MSP. We also supported the recruitment and onboarding of the new IT team to operate the environment post-separation.
Transaction overview
- Over 540 employees across the UK
- HMG & Nuclear Secure environment
- 12-Month TSA
Value realised
- £155k annual saving on Microsoft licencing
- Technology TOM design and execution
- Rescued critical BAU project activity
Digital Transformation & AI Consultancy
Evology advised on the pre-transaction and execution of a Digital Transformation and AI consultancy acquisition. We assisted with TSA drafting and negotiation, defined the separation programme structure and provided advisory support across finance, HR, payroll and technology separation workstreams. Our team also supported the commercial negotiation and onboarding of a new IT Managed Services provider to support the new entity. The engagement ensured a controlled separation process, aligned execution planning and enabled a smooth transition through completion and beyond.
Transaction overview
- Award winning advisory firm
- Multiple entities across UK & US
- 6 Month TSA
Value realised
- Buy-side and Sell-side support
- TSA drafting and negotiation
- Deal closure governance
Healthcare Data & Events Provider
Evology delivered the end-to-end carve-out of a health data provider, leading transaction execution across all functions. Under an aggressive TSA timeline, we stood up a fully standalone technology environment, including CRM rebuild, HRIS and payroll implementation, IT MSP transition and data centre migration. We also managed an office relocation and website hosting migration. Our team led the separation programme and developed a fully costed execution budget, ensuring a controlled transition and enabling the business to operate independently from day 1.
Transaction overview
- 170+ employees across UK and EU
- Carve-out from UK listed plc
- 9-Month TSA
Value realised
- Expedited programme stand-up
- £451k negotiated operational savings
- Evology provided technology solution