MBO at £70m-a-year professional services firm

Thu, 11 Jan 2018 | MBO/MBI

One of the country’s leading building maintenance and construction service firms has successfully undergone a management buy-out (MBO) lead by a team of managing directors from its subsidiaries.

The Quarr Group, based in Fleet, Hampshire, is a building services, contract cleaning and contract catering firm that specialises in the education and government sectors and has been operating for over 25 years. It turns over more than £70 million on an annual basis and employs a workforce of 3,000 based in offices in Hampshire, the Isle of Wight, Sussex, Surrey and London.

Its portfolio of clients includes schools, universities, local authorities, healthcare bodies and trusts, social housing providers and commercial businesses.

The firm has been successfully taken over by a team of directors from the Quarro Group’s subsidiaries: Brian Warren, from Nviro, Nelson Williams, from Pabulum, and Simon Ingram from Mountjoy.

The MBO was assisted by a team from law firm Shoosmiths, led by corporate partner Stephen Porter and with support from banking partner Rebecca Mauleverer, associate Sharon Everard, solicitor Rebecca Chafer and trainee solicitor Ben Churchyard.

Porter said that he and his team were “delighted” to have helped bring the Quarr Group to the next stage of its development.

He added: “It has a strong and experienced management team in place and we are sure that the incredible growth that The Quarr Group has experienced in recent years will continue.”

A spokesperson for The Quarr Group said that firm’s new management would focus on “investment in our people” to take the company to the next stage.

They added: “Mountjoy, Nviro and Pabulum's shared desire is to enhance the customer experience and be recognised as leading partners in our respective industries. Our values will remain as the cornerstone of our business.

“Working with our great people we aim to deliver sustainable growth over the coming years whilst maintaining the high standards of service delivery our clients have come to expect.”


Share this article



Latest Businesses for Sale

Pharmacy
Cambridgeshire, UK Wide

Long established community pharmacy. First time on the market in 30 years. Now occupying exemplary new purpose built accommodation. Standard hours. Offers invited.

Asking Price: Offers Invited
Turnover: £885,000

LEASEHOLD


Creative Consultancy & Interior Design Solutions
UK Wide

Works closely with clients to produce interior design solutions for educational institutions, which could be marketed to more sectors.Additionally offers an array of creative media, including videos,presentations, websites, branding and full direct m...

Asking Price: Offers Invited
Turnover: £873,000

RELOCATABLE


Health Centre Pharmacy
Devon, UK Wide

Unopposed health centre pharmacy. Semi-rural location. In receipt of Pharmacy Access Scheme payments. Offers invited.

Asking Price: Offers Invited
Turnover: £845,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

 
21
 
Jan
 

MBO at Newcastle market research company | MBO/MBI

Newcastle-based market research company Explain Market Resea...

 
20
 
Jan
 

Target Healthcare embarks on acquisition spree | BUSINESS SALE

Target Healthcare has completed the acquisitions of a develo...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

 
21
 
Jan
 

MBO at Newcastle market research company | MBO/MBI

Newcastle-based market research company Explain Market Resea...

 
20
 
Jan
 

Target Healthcare embarks on acquisition spree | BUSINESS SALE

Target Healthcare has completed the acquisitions of a develo...

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