A residential construction company based in the East Midlands

The company is a construction firm specialising in residential new build and refurbishment projects, with an extensive portfolio of work successfully delivered for public and private sector clients.

Operating across the Midlands, the company delivers a turnkey service from concept to completion, with a dedicated post-occupation and aftercare offering that ensures occupants are supported in the years following construction.

The company benefits from high volumes of repeat business and has been accepted onto several public- and private-sector frameworks within the local area, some of which are expected to last for up to 10 years.

The company is being offered for sale to facilitate the shareholders’ retirement.

Offers invited.

Key Highlights

– A multi-accredited company with an excellent industry reputation catering to nine active clients, including some blue-chip developers.

– In an excellent position to benefit from buoyant market conditions, with Government aims to invest in affordable and sustainable housing expected to drive growth.

– Knowledgeable second-tier management team supporting a network of directly employed and subcontracted site staff.

– Operates from leasehold premises.

– Shareholders are willing to remain with the business post-sale to facilitate its transition to new ownership.

Financial Highlights

– YE24 turnover of £18.7m with an adjusted EBITDA of £2.3m.

– Projected turnover of £25m for YE25, expected to rise to £13m by YE26.

– Has experienced turnover growth of circa 114% since YE20, with scope for further growth from both the public and private sectors.

– Secured pipeline of £20m for YE24, with £7.2m already in place for YE25.

– Outstanding tenders could generate in excess of £56.5m across the period spanning YE24–YE26.

– Potential tender opportunities with a total value of £121m for YE25 and of £131m for YE26, highlighting the significant potential for growth.