News
Armson Darwent Shaw
Andrew Fletcher has completed a management buy-out of Armson Darwent Shaw, the Sheffield trading division of Armson & Partners Limited in Derby. The Sheffield practice is one of the leading independent firms of Quantity Surveyors in the region.
Sheffield dealmakers Strategic Corporate Finance acted as lead deal advisers and steered the buy-out to a successful completion in less than 3 months.
The business was established over 20 years ago as a Quantity Surveying practice. Over the years it has developed a full range as a Construction Cost Consultancy, Project Management and Building Surveying services for public sector bodies, private clients, architects and construction companies.
Andrew Coates and Victoria Gribben of Strategic Corporate Finance negotiated the transaction, raised the finance and project managed the buy-out to a successful completion. Funding for the buy-out included facilities from the Royal Bank of Scotland and from UK Steel Enterprise.
Andrew Coates of Strategic commented “This was a challenging deal in many respects made possible by all those involved working closely together to complete the buy-out.”
Since joining Armson Darwent Shaw in 2007 as Managing Director of the Sheffield office, Andrew Fletcher has overseen the doubling of the turnover during a difficult economic climate.
The existing Sheffield team, including the original founders Richard Shaw and Tony Darwent, are in full support of the buy-out and will continue to provide a comprehensive and professional service to Sheffield office clients.
