Advising Palatine Private Equity on its investment in Isle Utilities

We have advised Palatine Private Equity on its majority investment in Isle Utilities. The investment marks the fourth investment made from Palatine’s Impact Fund II which is dedicated to investments of up to £30m in mid-market businesses that are focused on championing environmental and societal transformation.

Established in 2010 and headquartered in London, Isle Utilities is a globally acclaimed, independent consultancy at the forefront of delivering cutting edge insights, technology, and innovative solutions to address the challenges of the global water and environmental sectors.

The team was led by national head of corporate Beth Mather, assisted by William Bowler and Rosie Butler, who were supported by the wider Gateley team including Rebecca North and Lauren Jones who led on the banking elements of the deal.

Rupert Brown, Senior Investment Director in Palatine’s Impact Fund team, said: “As a purpose-led investor we are thrilled to be backing Isle Utilities, a company which shares our passion to make a difference to our planet and society. In the wake of the COP28 summit, the focus on water security and quality has moved further up the international agenda. Water consultancy related services are becoming more valuable, and innovation within these spaces is paramount. This makes Isle Utilities a great investment opportunity for Palatine and the Impact Fund. Focused on delivering returns in the right way, we look forward to supporting and working with Ben, Piers and the team.”

Beth Mather, added: “We are delighted to have advised our long-standing client Palatine on their latest investment from their Impact Fund II. The demand for Isle Utilities’ expertise in delivering innovative projects in a complex environment means it is well positioned to expand and we look forward to seeing the consultancy reach its growth potential with Palatine’s backing.”