Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
  • Video Insights
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Electrical services company snapped up by Phenna Group

Electrical services company snapped up by Phenna Group

Thu, 03 Oct 2019 | BUSINESS SALE



Phenna Group, a Nottingham-based group of businesses operating in the TICC – testing, inspection, certification and compliance – sector, has successfully taken over Group Management Electrical Surveys (GMES).

GMES, which is headquartered in Ripponden, caters to international blue-chip clients by providing a range of electrical services. Its acquisition is Phenna Group’s fifth since it was formed less than a year ago, with the aim of broadening its portfolio to include a wider range of services.

GMES’ managing director, Steve Cressey, is expected to stay on in his current role to support Phenna Group’s management team.

Cressey said: “I am delighted to join the Phenna Group portfolio of companies. The company has excellent credentials in the TICC sector and demonstrated close alignment with our values and entrepreneurial spirit.

“Selecting the right partner who shared our ambitions for growth, who would give us the support and backing to achieve these goals was key and I firmly believe Phenna Group will deliver exactly that. I'm very excited about the future.”

The chief executive of Phenna Group, Paul Barry, commented: “I'm delighted that Steve and his team have joined our Group. The company fits closely with our strategy of creating a differentiated group of niche TICC businesses and has close customer and market synergies with our other portfolio company, Building Envelope Technologies Ltd.

“I'm looking forward to working with Steve and his team to deliver their ambitious growth plans.”

Benchmark International and Schofield Sweeney provided GMES with support, whilst Avonhurst and Johnston Carmichael advised Phenna Group.


Share this article



Latest Businesses for Sale

Provider Of Courier & Storage Services
North West, UK

Highly successful company operating for over six years. Provides comprehensive courier services and a complementary storage solution for clients operating across the region.

Asking Price: Offers Invited
Turnover: £522,000

LEASEHOLD


Industrial Textile Service Provider
UK Wide

Provides a wide range of industrial textile services to clients operating across a diverse range of sectors. Operates on a 24/7 basis, fulfilling its clients’ requirements in a professional and flexible manner. Offers invited.

Asking Price: Offers Invited
Turnover: £359,000

LEASEHOLD


Debt Collection Agency
UK Wide

Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurre...

Asking Price: Offers Invited
Turnover: £915,162

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
19
 
Jan
 

Injection moulding business sold out of administration to employees | BUSINESS SALE

Conwy-based injection moulding company A2B Plastics Limited ...

 
18
 
Jan
 

AFH Financial Group ready to return to acquisition trail in 2021 | BUSINESS NEWS

In its yearly report to October 2020, wealth manager and adv...

 
15
 
Jan
 

Buyer sought for portfolio of pubs | BUSINESS SALE

Five pubs that formerly operated under the Authentic Alehous...

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

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Daily Financial Alerts
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2021. Business Sale Report Ltd. All rights reserved. www.business-sale.com.