DC Advisory advises ENX Engineering Consultancy on its sale to Phenna Group

Background

• Morley Walsh Consulting Engineers Ltd (t/a ENX) is a Dublin‑based MEP consultancy specializing in residential new‑build projects, delivering mechanical, electrical and plumbing design services for housing and apartment developments nationwide
• ENX provides four core services including residential MEP design, sustainability and energy consulting, site inspection and planning design and has a strong reputation for compliant, future‑proof, energy‑efficient solutions
• ENX has a blue‑chip client base and an experienced team, positioning the business well to capitalize on rising sustainability and regulatory demands
• Phenna Group is a global provider of testing, inspection, certification and compliance services

Process

• DC Advisory acted as the exclusive financial advisor to ENX on its sale to Phenna Group
• DC Advisory leveraged its deep knowledge of the engineering sector to prepare sales materials, lead market outreach and negotiate key commercial terms alongside counsel, ensuring alignment with shareholder objectives 
  

Outcome

• Phenna Group acquired ENX in February 2026
• Financial terms of the transaction were not disclosed
• The transaction further illustrates DC Advisory’s expertise in the Industrials sector