Yorkshire engineering firm acquired in management buyout

A Yorkshire engineering firm has been acquired in a management buyout deal.

Yorkshire Building Services, located in Birstall, provides a full range of mechanical heating, ventilation, air conditioning systems, electrical installations, building management and maintenance services.

Founded in 1992, the company’s 65-strong team works for clients throughout the UK and has a solid reputation in the mechanical and electrical industry, predominantly working in the commercial and industrial sectors.

The buyout was led by David Broadhurst and Mark Peat, who are now both majority shareholders in the business, along with Tim Anderson and Darren Hill, who have also increased their share.

David Broadhurst, said: “Over the last 30 years Yorkshire Building Services has established a superb reputation for the breadth of projects we work on and the practical approach to the design and innovative engineering solutions that we offer.

“Our extensive client base now includes the likes of M&S, Waitrose & Partners, Morrisons, Royal Mail and a recent introduction into public sector work.

“Both Andrew and Paul have been key to this and have always strived to lead a well-run business that offers an industry leading standard of service.

“The buyout comes at a time when the business is thriving, and we are working on a vast range of exciting and innovative projects throughout the UK including DWP Job Centres, HSBC data centres, MOJ covid reduction works and local authority leisure centres.”

The buyers were advised by Cathy Cook, from the Leeds office of solicitors LCF Law, and Dale Coleman from Ford Campbell Freedman provided accountancy, financial and strategic advice. Adrian Ballam from Ward Hadaway advised the sellers.

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