Directors of Mountjoy, Nviro and Pabulum agree MBO of parent company, The Quarr Group

MBO team aiming for continued sustainable growth of support services group

The founders of The Quarr Group have agreed a Management Buy-Out (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 first-class 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 partners, 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.

Commenting on behalf of the MBO team a spokesperson said: “We are absolutely thrilled to have acquired The Quarr Group.   We believe with the right investment in our people we can further develop our already excellent proposition. Mountjoy, Nviro and Pabulum’s shared desire is to enhance the customer experience and be recognised as leading partners in our respective industries.  Our values will remain as the cornerstone of our business. Working with our great people we aim to deliver sustainable growth over the coming years whilst maintaining the high standards of service delivery our clients have come to expect.”

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

For more information about The Quarr Group please visit www.thequarrgroup.co.uk

About The Quarr Group

Founded in 1992, the group specialises in providing support services to the public and private sectors with four core areas of business – Catering, Cleaning, Construction and Building Maintenance.

The MBO team comprises all the executive directors from Mountjoy, Nviro and Pabulum and was led by the three Managing Directors, who are:

• Simon Ingram – Managing Director of Mountjoy
• Brian Warren – Managing Director of Nviro
• Nelson Williams – Managing Director of Pabulum

Photo caption: Pictured left to right are Simon Ingram, Managing Director of Mountjoy, Nelson Williams, Managing Director of Pabulum; Brian Warren, Managing Director of Nviro

The HSBC Group

HSBC UK

HSBC serves c17 million customers in the UK and employs approximately 43,000 people. In the UK, HSBC offers a complete range of personal, premier and private banking services including bank accounts and mortgages. It also provides commercial banking for small to medium businesses and corporate and institutional banking services. HSBC Bank plc is a wholly owned subsidiary of HSBC Holdings plc.

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from approximately 3,900 offices in 67 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,526bn at 30 September 2017, HSBC is one of the world’s largest banking and financial services organisations