Thu, 22 May 2025 | MBO/MBI
PDS Design & Build, one of the leading design & build companies in the retail, leisure and hospitality sector, is under new leadership following the successful completion of a family buy-out.
Nicholas Taylor, the firm’s managing director and the person in charge of providing strategic and operational leadership over the last few years, has acquired the business from Andrew Taylor, the business’s founder and Nicholas’s father.
Based in Calder Park in Wakefield in West Yorkshire, the well-established design and build company was established in 1998 and has grown from a small fledgling company into a multi-million-pound organisation.
According to the latest financial statements filed, the company generated revenues of £17 million in the year to 31st March 22024, down from £22 million the previous year. Net profit before tax was £281,000, down from £844,000 in 2023. The company serves a wide range of clients which include leading national and international businesses such as Greene King, David Lloyds Clubs, Pret a Manger and Tesco Café.
The change in control should provide the business with renewed vigour to bring the revenues back over £20 million and allow it to build on its reputation of a leading provider of high-quality design and build services to the retail, leisure and hospitality sector.
Ian Parsons, managing director and head of Corporate Finance at Parsons Accountants, who advised on the buy-out, said: “With a presence in Wakefield spanning more than 25 years, PDS Design & Build has established itself as a leading entity in the local business community. The company has grown steadily over the years and decided that the time was right for control to be passed down to the next generation so the business could benefit from a new direction and fresh energy. “
A team, led by Ian Parsons and Daniel Andreca, Senior Tax Manager, from Parsons Accountants advised on the corporate finance and tax elements of the transaction.
The legal assistance was led by Alex Hall, Legal Director, in the Corporate team at Blacks Solicitors.
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