PRESS RELEASE: frc environmental sold to SLR Consulting Australia

January 9, 2024


Johnsons is pleased to announce the successful sale of a private, mid-sized Australian business to a related trade buyer. After facilitating a compre-hensive, end-to-end sales and nego-tiations process, our client – FRC Environmental – has been acquired by SLR Consulting Australia for an undisclosed amount. FRC is a boutique consultancy offering a wide range of capabilities relevant to the assessment, management, and remediation of aquatic ecosystems. SLR Australia is the local subsidiary of the United Kingdom’s SLR Consulting Limited – a global leader in the provision of sustainability solutions.

The team at Johnsons were pleased to act as lead advisors to FRC Environmental’s directors and would like to extend our congratulations to both the vendor and the purchaser.            

In 2023, FRC’s long-standing owners sought to create a succession strategy that would support future growth. They engaged Johnsons to undertake an international campaign on their behalf, seeking a strategic acquirer for the Business. Marketing & sales activities generated strong interest, and within 8 weeks, Offer & Acceptance was secured with the preferred buyer and eventual purchaser.

Commenting on the acquisition, managing principal Dr. John Thorogood stated: “FRC’s ecologists and environmental scientists are recognised experts in their field and have been our clients’ aquatic consultant of choice for over 40 years. To now be part of SLR, a global leader in full-spectrum sustainability solutions, is pretty exciting. We are looking forward to the opportunities that our enhanced service offering will bring to both our staff and clients.”