HVAC Company

INDUSTRYHVAC A company that drives exceptional HVAC installation and associated works for tier one clients, as well as managing significant infrastructure projects in the transport and education sectors, sells to Private Equity. The vendors were seeking an investor that would create a suitable exit for themselves but also assist the excellent future growth opportunities available…

Carlton Bingo

INDUSTRYLeisure Carlton Bingo, a leading operator of bingo clubs across Scotland, is pleased to announce the transfer of ownership to their more than 200 staff through establishing an Employee Ownership Trust (EOT), with Avondale leading the process every step of the way. Formed in 1998 through a management buyout of the bingo interest of Taylor…

Packaging Supplier

INDUSTRYPackaging An online packaging retailer with £2m turnover secures a retirement exit for the vendors, completed during the pandemic by Avondale. The owners approached Avondale in the Autumn of 2019, looking to fully exit their online packaging supply business and allow more time for other personal interests. Avondale launched the project in February 2020 and…

Response IT (RITS)

INDUSTRYTechnology “Thank you to all your team, in particular for putting up with my endless ‘what ifs’..” – Graeme Donnelly – Finance Director Established in 1999, Response IT (RITS) is an IT & Comms Managed Service Provider that has grown steadily year on year. Managing Director Simon Rafferty first contacted Avondale in 2021 with a view…

Kingswood Group

INDUSTRYManufacturing & Distribution “Whilst we were very experienced businessmen, we had no experience of selling a successful company. It quickly became apparent that Avondale’s reach in the business world and their high level of competency managing the transaction were crucial to us achieving a successful exit from the business.” – Nick Adcock – Kingswood Group With…