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

Commercial Gas Contractor
South East, UK

A highly successful Commercial Gas Business based in the South East. Excellent opportunity for an existing Commercial Gas Contractor looking to add B2B clients or expand to South East region. Blue chip commercial gas contractor. Offers invited.

Asking Price: Offers Invited
Turnover: £1,600,000

Self Storage Business
North of England, UK Wide

Long established Independently owned Storage business located close to 2 motorway junctions. Close to principal Northern City Centre and in easy reach of central business area. Well laid out Complex with extensive on site parking. Offers invited.

Asking Price: £1,100,000
Turnover: £300,000

FREEHOLD


Independent Garage: MOT & Vehicle Services
UK Wide

Provides a comprehensive service offering for industrial,commercial and private clients across a diverse range of sectors.Its highly trained MOT Testers and Technicians ensure that clients receive thorough consultation and post-test advice Some staff...

Asking Price: Offers Invited
Turnover: £501,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
27
 
Mar
 

Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

 
26
 
Mar
 

Leicestershire building products firm enters administration | ADMINISTRATION

Leicestershire-based System Building Products Limited has en...

 
25
 
Mar
 

Kaupthing plans sale of Oasis and Warehouse | BUSINESS SALE

Icelandic-owned UK women’s fashion retailers Oasis and...

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