Yorkshire construction company acquisition supported by North East firms
Two North East firms have helped a national industrial group in the acquisition of a two Yorkshire construction companies.
Next Level Mezzanines, based in Yorkshire, has been acquired by P&K Construction Group, a Barnard Castle agricultural and industrial fabrications specialist.
P&K have worked with North East legal firm Mincoffs Solicitors and accountant MHA Tait Walker since it was formed in 2018 as part of a management buyout, and the companies have come together to complete the acquisition.
The company has acquired the business and assets of both Next Level Mezzanines and another company, Ash Construction, which is based in Leeds.
Simon Pelly, managing director of P&K Construction Group, commented: “We are experiencing a really exciting period in the growth of P&K which is only boosted by these new acquisitions which enable us to service our current customers more comprehensively as well as venture into new markets.
“We are very grateful to Mincoffs and MHA Tait Walker for their ongoing support as we continue to grow the company.”
Chris Hughes, associate solicitor in Mincoffs Solicitors’ corporate team who led the team which provided legal support on the transaction, said: “it’s been a pleasure to once again work with Simon and Jonathan during an exciting period of growth for them following the MBO.
“We were delighted to be able to assist in adding these two businesses and the additional service lines they have offered the group.”
Paul Shields, associate partner at MHA Tait Walker added: “Following our work with Simon and Jonathan on their successful MBO, we were delighted to assist them with the acquisitions of Next level Mezzanines Limited and Ash Construction Limited.
“The additional services and different geographical locations will assist with further growth for the group and we wish them every success for the future.”
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