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

Metal Polishing Business
Fareham, Hampshire, UK Wide

Metal Polishing Supplies, a highly desirable ‘Run from Home’ opportunity established by our client in May 2008. The highly profitable business is now being offered for sale due to genuine health reasons and we strongly advise early enquiries to avoid...

Asking Price: £265,000
Turnover: £336,519

MOT Garage
Andover, Hampshire, UK Wide

The business runs as a vehicle repair garage offering a range of services. The garage offer classes 1, 2, 4, 5 and 7 up to 3.5t light commercial MOT’s. Much trade is from garages that don’t have MOT bays themselves. The garage also offers repairs for...

Asking Price: £324,950
Turnover: £363,844

LEASEHOLD


Decorators Business
Lancashire, UK Wide

Exciting opportunity to acquire (on a business only basis) an exceptionally well run and performing, independent painting & decorating contractors with work being carried out in the North West. The business is currently owner ran with 2 employees and...

Asking Price: £149,995
Turnover: £380,510


View more businesses for sale

News Search

Latest News

 
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...

 
06
 
Nov
 

SKS completes four acquisitions | BUSINESS SALE

SKS Business Services has announced the acquisition of four ...

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