Mon, 16 Feb 2026 | MBO/MBI
Warwick Development Limited, a Sheffield-based manufacturer and installer of windows and doors, has undergone a management buyout (MBO). The transaction was supported by Hawsons Corporate Finance.
Founded more than 30 years ago, the company supplies uPVC and aluminium glazing products to customers from the across the UK’s construction, retail, DIY and fenestration markets.
The deal sees former owner and director Debby Lewis, who has led the company since 2017, step back from the business. The firm will now be taken over by the existing management team, comprised of Amanda Falsey, Steven Cardwell, and Jack Lewis.
As well as providing the next generation of Warwick Development’s leadership with the chance to take the business forward, the deal is also described as ensuring continuity for the firm’s staff, customers and suppliers.
The MBO was led by Hawsons Corporate Finance Manager Jack Parker and Corporate Finance Partner Pete Wilmer, who acted on behalf of seller Debby Lewis prior to the completion of the deal.
Jack Parker commented: "Management buyouts work best when there is trust on all sides, and a clear plan from the outset. This was a well-run process with a committed management team, and a seller who cared deeply about the future of the business. It was a pleasure to support Debby through this transition, and to see the business pass into capable hands."
Debby Lewis, former owner and director of Warwick Development, said: "This was a big decision for me personally and professionally. I wanted to be confident that the business would be in safe hands and that the team would have the right support to succeed. Hawsons guided me through every stage, explained the options clearly, and kept the process moving.”
Find out more about the upsides and challenges of exiting a business through a management buyout
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