Property services firm secures management buyout

Founded in 1989, by Bill McAndrew, McAndrew Martin is a multi-disciplinary contractor headquartered in Cosham, Hampshire.  

Its services include building surveys and inspections, architectural CAD, structural and civil engineering, mechanical & electrical engineering, Building Information Modelling (BIM), security consulting, and project management.  

McAndrew Martin’s management team, led by executive chairman Jason Marshall, secured support from Roycian to acquire the business from its retiring founder, Bill McAndrew.
 
Marshall said: “Over the past three years McAndrew Martin has significantly enhanced its client offering which in turn has underpinned the rapid growth of the business in the UK and internationally. We would like to thank all those who have helped us in getting to this point, including Bill McAndrew, all our valued employees, our supply chain and our advisory team.  

“We have an ambitious new five-year strategy which will see the business maintain the quality of our core offering and embrace new services, including the development of advanced digital platforms and AI tools and processes that continue to define the future of our industry and an information security consultancy offer that will support organisations in protecting their data in an increasingly unpredictable world.”
 
Del Huse, Roycian CEO, said: “We are delighted to have backed Jason and the team at McAndrew Martin – they have a great business, a clear strategy for growth, and ambitious plans to continue to innovate in a dynamic and evolving industry.  

“Roycian is particularly proud that we have been able to offer such a high-quality private equity opportunity to private investors and family offices which would normally only be accessible to institutional investors.”  

Was this interesting? Try McLaren signs £1bn York regeneration scheme   

If you have a tip or story idea that fits with our publication, please contact the news editor rory@wavenews.co.uk