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For Sale: Specialist Market Leading Groundworks Contractor

This business has established a differentiated, leading market position and reputation carrying out groundworks and installation activities in an important and growing sector which is a focus for government and is likely to continue to grow in to the foreseeable future.  The owner of the business, having overseen its development over c 20 years, wishes to sell in order to achieve a change of lifestyle with his young family.

The Company has established strong relationships with key suppliers who recognise it as a key part of their delivery chain.  Projects, on average, are worth c £20k but can be worth £200k or more.  Projects are carried out all over the UK.

There is a total workforce of around 40 with an established management and supervisory structure, systems and procedures.  The Company also has a comprehensive range of vehicles and equipment enabling it to carry out work to the highest standards.  The business operates from a modern industrial estate located in the Midlands.

In the last financial year total sales were £3.5M with an Adjusted EBITDA of c £500k.  The current year is expected to show a slight reduction in sales and EBITDA as a result of changes which the owner has been making in the business to make it ready for the next phase of growth.  FY 2018 onwards is expected to see the business growing towards sales of £4M generating an Adjusted EBITDA of c £550k by 2019.  Net Asset Value on a debt free, cash free basis is expected to be around £300k.

There are good opportunities for growth for the Company both by increasing the workforce and by adding additional services/expertise.

The Guide Price for the shares of the Group is £1,495,000 on a debt free, cash free basis.  This business will appeal to existing groundwork or building contractors seeking to develop a presence in this important sector or to other acquirers who wish to operate the Company on a stand-alone basis.  The owner will assist the acquirer with handover for up to 6 months on a reducing days per week basis on terms to be agreed.




If you would like to request further details about this opportunity please complete the form below and indicate your agreement to the Confidentiality Agreement.

CONFIDENTIALITY AGREEMENT

You are requesting Anderson Shaw Corporate Finance Ltd ('Provider'), in conjunction with its client ('Vendor'), to provide you with information about the Company/ies and/or Business/es referred to in the advertisement above. This information will usually comprise the identity of the Company/ies and/or Business/es for sale and may also comprise a Confidential Briefing Document and/or other relevant information about the Company/ies and/or Business/es ('the Information'). Before the Information can be sent to you ('Recipient'), you must indicate below for yourself and/or on behalf of the corporate entity/ies you represent your agreement to abide by the following terms:

Recipient agrees:

  • To keep confidential the Information which, for the avoidance of doubt, includes the identity of the Company/ies and/or business/es for sale.
  • To use the Information only for evaluation purposes.
  • To share the Information only with fellow directors and/or retained professional advisers who will be deemed to have agreed to the terms of this agreement.
  • To return all the Information on demand to the Provider or the Vendor and not to retain any copies.
  • On demand to provide a hard-copy, signed version of this agreement from today’s date.

This Agreement will:

  • Terminate with the written consent of both parties or in any event after 2 years from today's date.
  • Not apply to any of the Information found to be in the public domain.
  • Not apply to any of the Information which is published or otherwise becomes part of the public domain through no fault of the Recipient.
  • Not apply to any of the Information which is already known to the Recipient.

In most cases, if the Vendor approves the release of the Information to you, you will be asked to sign a separate, longer form, Non-Disclosure Agreement which will replace this Agreement.


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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