Completed sale
Ackroyd Plumbing and Heating Facilities Management & Utilities Business Sold to BATAS Holdings Group | Deal Summary
West Yorkshire based Ackroyd Plumbing and Heating Ltd was established in 2005, and provides high-quality services include boiler installations and repairs, central heating, general plumbing and repairs and bathroom installations. Over the years, the company has developed a strong domestic customer base with over 1,000 customers including private individuals, landlords and letting agencies. Ackroyd Plumbing and Heating Ltd has achieved this by providing excellent customer service, which has resulted in outstanding reviews on Checkatrade.com. The company also benefits from a highly experienced and knowledgeable workforce comprising of heating and plumbing engineers.
Paul Ackroyd, the sole shareholder of Ackroyd Plumbing and Heating Ltd, instructed Knightsbridge with the sale of his business in order facilitate further growth under a new owner.
Ackroyd Plumbing and Heating Ltd attracted 15 interested parties, which resulted in six meetings this enabled Knightsbridge to generate four competing offers.
The successful offer came from David Burns BATAS Holdings Group Limited, who commented that their motivations were to, “expand our heating portfolio with a gas/plumbing company.”
Sara Thomasson, Knightsbridge Operations Director, advised Ackroyd Plumbing and Heating Ltd throughout the process.