Geotechnical firm completes MBO

Sat, 08 Dec 2018 | MBO/MBI



A geotechnical consulting group based in Durham has successfully completed a management buyout by two of its senior leadership team members, financially supported by HSBC UK.

Arc Environmental, considered to be one of the largest of its kind in the North East of England, has been taken over by Darren McGrath and John Ditchburn – two of the company’s associate directors who have been with the business since 2005.

The environmental consultancy operates across the country providing its customers with a range of services, including site investigation and land remediation and validation.

Ditchburn said: “We have a strong, loyal team at Arc and this deal means the business continues to be owned by people who have been with it from the outset. The team has a wide range of specialist skills and expertise, working in partnership with clients including major engineering groups, contractors and government departments.

"The future is very positive, and our increased workload has led to the creation of a number of positions within the business, offering opportunities for experienced engineers to join the company at a very exciting time."

The MBO was advised by Clive Owen and Endeavour Partnership, whilst investment came from HSBC UK.

Corporate finance partner at Clive Owen, Angus Allan, further commented: “We are proud to have supported Darren and John on this transaction, advising on all financial aspects that have led to the successful conclusion of the MBO. The entrepreneurial endeavours of John and Darren will undoubtedly take Arc from strength to strength."

For more news about management buyouts (MBO), click here. For all our business listings, click here.


Share this article



Latest Businesses for Sale

Freight Brokerage Services
UK Wide

Works with a network of reliable hauliers to provide comprehensive and reliable logistics solutions on a national basis. Offers invited.

Asking Price: Offers Invited
Turnover: £420,000

RELOCATABLE


Haulage & Logistics Solutions
South East, UK

Utilises a reliable network of UK and European hauliers to provide tailored logistics solutions, operating 24/7. Offers invited.

Asking Price: Offers Invited
Turnover: £985,000

LEASEHOLD


Two-Site Veterinary Practice
UK Wide

Two-Site UK Veterinary Practice Offering a Full Range of Services for Household Animals, Including 24 Hour Hospitalisation and Nursing Care. Offers invited.

Asking Price: Offers Invited
Turnover: £2,100,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
24
 
Jan
 

Yorkshire engineering firm completes MBO deal | MBO/MBI

A West Yorkshire engineering group has been taken over by th...

 
13
 
Nov
 

Intermet Refractories completes MBO deal | MBO/MBI

Intermet Refractories, a metal casting component manufacture...

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