Fri, 14 Jul 2017 | MBO/MBI
New opportunities beckon for architecture firm Nicholson Nairn, a Newcastle-based practice whose clients include Marks & Spencer, Tesco and Primark, following a management buy-in overseen by a host of North East businesses.
Founded in 1991, Nicholson Nairn initially provided design, architecture, planning and building services to clients in the North East. In recent years the firm has expanded to work on residential, commercial, health and education projects in London, Scotland, Jersey and France.
The company has also undertaken several heritage and restoration projects around the country, including County Durham’s Castle Eden.
As part of the shake-up Chris Barr, who served as an architect at Nicholson Nairn for eight years, has joined the firm’s management team. He will work alongside founders Tony Nicholson and Garfield Nairn to take the business forward.
Barr described working on the buy-in as “a privilege”. He added: “The hard work starts now and as much as I am looking forward to instilling a fresh approach, the immediate focus will be to reacquaint and reengage with valued clients, past and present.”
A team of lawyers from Bond Dickinson’s Newcastle office advised Nicholson Nairn’s existing management team on the deal, along with corporate finance advisors from Tait Walker and solicitors from Muckle LLP.
Bond Dickinson’s managing associate, Iain Pritty, said: “It has been a pleasure working with Tony and Garfield on this MBI. Nicholson Nairn Architects is a fantastic business in the North East and I look forward to seeing how the business continues to grow and develop over the next few years.”
The company has designed and developed a wide range of specialist training programmes, which can be delivered on-site or online. Operates from several strategically located, purpose-built training facilities, designed to support memorable learning ex...
LEASEHOLD
Long established and highly profitable on-line retailer of premium quality rattan/wicker home furniture/storage products. Established as one of the country's leading suppliers of a large range of rattan products for the modern home. The products are...
RELOCATABLE
The company specialises in domestic and industrial garden machinery, cleaning equipment, spares and parts. Products include, pressure washers, vacuum cleaners, hedge trimmers, strimmers and heaters.
LEASEHOLD
|
24
|
|
Feb
|
Nestlé acquires recipe kit firm SimplyCook | BUSINESS SALE
Nestlé has strengthened its position in the e-commerc...
|
23
|
|
Feb
|
Lockdown exit: What does the road map look like for UK businesses? | BUSINESS NEWS
After a winter spent almost entirely in lockdown, the govern...
|
22
|
|
Feb
|
Modular Group acquires Euramax Solutions with BFS backing | BUSINESS SALE
Modular Group Investments has acquired Barnsley-based window...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources