Reference: VEX00899
Forecast Turnover: circa £10 million
EBITDA: circa. £1 million
Business Overview
Vexus is exclusively retained to find an acquirer / strategic partner for this long-established national engineering contractor providing an extensive range of solutions, including specialised fabrication, pipework installation, steelwork and mechanical equipment.
Highly Regarded & Accredited Family Business
Their comprehensive range of services is offered to clients spanning all industrial sectors, showcasing their unwavering dedication to engineering excellence in the range of services provided to corporate clients which are underpinned by robust assurance and quality processes. The key business sectors include:
Chemical Manufacturing
Gas Transmission Pipelines
Renewable Energy Plants
Petrochemical Off-Shore
Marine Oil & Gas
Innovative Engineering Design, Fabrication, and Installation Services
The founder is supported by a seasoned and highly regarded team operating from two state-of-the-art workshops based in the UK. These cutting-edge facilities empower them to execute intricate pipework installations, encompassing design and fabrications, to meet the needs of their corporate clientele.
Transaction Motivation
Our client has built the business brand, intellectual property, experienced management including a proven sales and technical team. Due to future retirement plans, our client is now considering their exit options and wishes to engage suitably experienced operators. Our clients feel the business would benefit from becoming part of a larger organization with the expertise and resources to take the business to the next level and drive growth.
The Opportunity
The UK's pipe and mechanical engineering sector play a pivotal role across various industries, it has recently undergone transformations driven by the nation's commitment to achieving net-zero carbon emissions by 2050. Given the current and future market opportunity, we ideally seek an experienced trade acquirer / strategic partner with the requisite experience and resources. Consideration will also be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity.
✓ Long Established Business
✓ Profitable with Ongoing Contracts
✓ Scalable Business Opportunity
✓ Full client handover
✓ Experienced Management Team
✓ Full or Partial Sale Opportunity
The Next Steps
On completion of our non-disclosure agreement, qualified parties will receive further information on this business. Further information may be required from you before we obtain our clients permission to release the information memorandum.
We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.