EAG construction business snapped up by Elaghmore

Tue, 20 Aug 2019 | BUSINESS SALE



English Architectural Glazing Limited (EAG) has been snapped up by private equity fund Elaghmore as the eighth acquisition of its initial PE fund.

Thought to be one of the top construction contracting businesses in the UK, EAG is at the helm of the envelope cladding sector and specialises in the construction of complex and dynamic building facades. Established in 1985, the company currently employs 125 people across its three sites in Norfolk, Suffolk and Staffordshire.

In spite of the acquisition, the company’s existing management team will remain on board to help expand its operational capabilities. This will ensure they capitalise on the growing requirement for aluminium rain screen cladding and off-site unitised cladding manufacturing.

Presently, EAG provides its services to a number of long-standing clients like Stanhope, Kier, BAM and Skanska, and conducts its projects primarily in London and South East England.

Andy Ducker, a partner at Elaghmore, said: “EAG has a first-class reputation and track record, and is known as a high-quality contractor and manufacturer, offering excellent client service. With the operational support we can provide, the business has an exciting future, with a talented workforce that has a wide range of skills, knowledge and experience in design, engineering, manufacturing and fabrication. We look forward to working closely with the EAG team to grow the business.”

Elaghmore’s acquisition is part of its investment strategy to focus on businesses with significant growth and value-creating opportunities.

Managing Director of EAG, Simon Gladwin, commented on the deal, saying: “This is an exciting day for EAG, as we look to build the future and increase our client base. We are excited about working with Elaghmore, whose financial backing and operational expertise will help us to expand the business and capture the growing marketing demand for our products and services.”


Share this article



Latest Businesses for Sale

Buildings & Facilities Management Business
UK Wide

Highly accredited buildings and facilities management business: 95% repeat business from longstanding, secure contracts with blue chip, London-based clients. Significant room for growth: from an existing client base that is displaying increasing dema...

Asking Price: Offers Invited
Turnover: £576,000

Concrete Supply Business
Wymondham, Norfolk, UK Wide

Mobile Concrete Supplies, a family run business that was established in 1980. Our client is now looking to sell due to health reasons. Working with trade and private customers throughout Norfolk, delivering and pouring ready mixed concrete. Their man...

Asking Price: £750,000
Turnover: £2,458,654

LEASEHOLD


Main Construction Contractor: a Healthcare Sector Specialist
London, UK

Our client is an award-winning main construction contractor, operating in London and the M25 area. The company has a leading reputation in the specialist mental health and dementia sectors, areas that are notoriously difficult to gain entry for compa...

Asking Price: Offers Invited
Turnover: £9,300,000


View more businesses for sale

News Search

Latest News

 
13
 
Nov
 

Brighton energy firm appoints administrators | ADMINISTRATION

Brighton-based utilities company Toto Energy has gone into a...

 
12
 
Nov
 

MBO at Gloucestershire bricklayers | MBO/MBI

Gloucestershire building services firm Cavendish Park Brickl...

 
07
 
Nov
 

Successful MBO at Homefair Blinds | MBO/MBI

Homefair Blinds has been acquired in an MBO led by a trio of...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources