Mon, 20 Jul 2026 | MBO/MBI
A Lancashire-headquartered commercial construction and maintenance company has been acquired in a management buyout (MBO). The transaction sees the existing management team of Westmann Contracts acquire the business from its founding family, who will retain a minority stake.
Operating for more than 20 years, Westmann Contracts provides construction and maintenance services ranging from minor works and refurbishments to larger design and build projects and has in-house capabilities covering engineering, mechanical and electrical (M&E) and roofing systems.
The company’s founding family was advised on the sale of the business to its management team via an MBO by Logros Advisory Partners. The primary objective was to secure the sale of the business to management, while enabling the founders to retain an equity stake, ensuring continuity for stakeholders while allowing the business to move forward under an established leadership team.
Chris Evans, Corporate Finance Partner at Logros, led the deal - project managing the sale process, ensuring it was structured to the client’s needs and supporting them through to completion.
Evans commented: "This transaction provides a majority exit for the founding family of Westmann Contracts, while retaining a minority stake to participate in future upside. The sale to management will allow the company to continue its progress under its current leadership team.”
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