Cowgills advise Knowsley Contractors Ltd T/A Kings Construction on the MBO with NVM Private Equity.
About Kings Construction
Knowsley Contractors Ltd, which trades as King Construction, was founded in 2002 and today operates from five locations. Primarily focusing on the maintenance and repair of the highway and utility infrastructure network within England and Wales for clients such as Liverpool City Council and United Utilities, King has enjoyed strong year on year growth.
About the deal
Our team had been working with Knowsley Contractors since October 2018. The team marketed the business to a shortlist of Private Equity Investors and were successful in securing the MBO with NVM in November 2019.
With a new non-exec chairman and a number of long-term framework agreements in place, the company is well positioned to capitalise on the ongoing requirement to modernise the national infrastructure.
King managing director Dave Prescott said: “We are all looking forward to the next chapter in the development of King Construction and working alongside NVM in the future. This is a wonderful opportunity for everyone involved, including our customers. With a proven track record in partnering with management teams to drive growth, NVM’s support will enable us to unlock the potential of our business, delivering greater service and value for our customers.”
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Meet the team