MC Vanguard advise Fusion 21 in acquisition of Atom Regeneration

Huyton-based social enterprise Fusion 21 has aqcuired Liverpool social enterprise Atom Regeneration for an undisclosed sum.

Fusion21 works nationally to promote public procurement in social housing markets to deliver efficiency savings.

Chief executive Dave Neilson said the acquisition of Atom Regeneration, which provides specialist employment and skills advice services to public sector agencies and contractors for major construction projects, would help broaden knowledge and skills within Fusion21.

Atom was formed by James Flannery, who has more than 25 years' experience in the construction and regeneration sector for both private and public sector organisations.  Mr Neilson said: "We're delighted to complete this acquisition and welcome James to the group.

F21 Atom
From L-R: Paul Finnerty, Recycling Lives,
James Flannery, Atom Regeneration, Dave Nielson, Fusion21
Kieran Donovan, Bermans, Adam McGowan, Mitchell Charlesworth

"His knowledge, skills and contacts will greatly assist us to accelerate the growth of our advisory servicesand create further opportunities for local people.

"As the economy begins to recover and construction opportunities increase, Fusion21 is ideally placed for substantial future growth".

Mr Flannery added: Atom Regeneration has been built on our passion for maximising opportunities for local people.

"The vision and strategic development plans Dave Neilson set out for this acquisition enabled us both to realse the strenth of bringing my business into the Fusion21 family.

"This will enable us to carry on delivering first class employment and skills services with greater impact than ever before".

Fusion21 was advised by MC Vanguard's Brian McCann and Adam McGowan, the corporate finance arm of Mitchell Charlesworth.

Kieran Donovan, from Bermans solicitors, provided legal advice.

Mr McCann said: "We're delighted to have supported Fusion21 in this latest development.

"The group has gained national recognition for its collaborative approach to public procurement.  This acquisition will further expand its depth of expertise to drive even greater momentum."

This press release was originally found on Liverpool Daily Post website and can be found here.

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