NBGI Private Equity

NBGI Private Equity

Sound judgement and commercial insight drawing on our own management experience in a wide variety of businesses.

T Jolly Services Ltd

NBGI PE has acquired a majority stake in this MBO, providing an exit for the retiring major shareholders of the business. NBGI PE is backing a highly experienced management team led by Mark Gordon as CEO.

T Jolly is a £20m turnover mechanical and electrical business based in Preston, servicing public and private sector clients across the North West. It operates from offices in Preston, Bolton, Blackpool and Wigan, and employs 188 members of staff. T Jolly designs and installs heating, ventilation, electrical and air-conditioning systems for new buildings and refurbishments, as well as providing maintenance and rapid emergency response services to property owners.

The firm has recently expanded with the acquisition of three further businesses, DL Refrigeration, Dutton Plumbing and Norman Peplow.

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Pipes

Deal Overview

NBGI PE is backing a highly experienced management team led by Mark Gordon as CEO.

Industry:
Mechanical and Engineering
Transaction type:
MBO
Deal size:
Undisclosed
Date of Investment:
March 2008
Status:
Unrealised

www.tjolly.co.uk