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20 January 2018
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DIVISIONAL BOSSES LAUNCH MANAGEMENT BUYOUT OF QUARR GROUP

Web_The-Quarr-Group---MDs-of-Mountjoy,-Pabulum-and-Nviro
Simon Ingram, Nelson Williams and Brian Warren

8 January 2018 | Herpreet Kaur Grewal


The founders of the Quarr Group have agreed a management buyout (MBO) with the directors of its three subsidiaries – Mountjoy, Nviro and Pabulum.

 

The companies specialise in building maintenance and construction, contract cleaning and contract catering respectively.

 

Operating for over 25 years, the Quarr Group provides services for a range of clients, including schools, academies, colleges, universities, local authorities, healthcare bodies, social housing providers and commercial businesses.

 

The MBO was supported by a finance facility agreed with long-term banking partner HSBC. 

 

Anthony Reed, HSBC’s area director for Hampshire and Dorset, said: “We have been a banking partner of the Quarr Group for more than 10 years and in that time, we’ve seen the business go from strength to strength. We look forward to continuing our valued, long-term relationship with the Quarr Group as they move forward with this exciting new phase of growth.”

 

The MBO team involves all the executive directors from the subsidiary companies and was led by the three managing directors: Brian Warren, managing director of Nviro; Nelson Williams, managing director of Pabulum; and Simon Ingram, managing director of Mountjoy.

 

There will be no change to the existing staffing or management structure of the group which has an annual turnover in excess of £70 million and employs more than 3,000 staff across London and the south of England.