Specialist Commercial Roofers Completes MBO

SPECIALIST COMMERCIAL roofing contractor Nautilus has announced the successful completion of a management buyout (MBO).

The MBO will fuel the South Wales based company’s next stage of growth as a wholly family run business, in a deal advised on by the GS Verde Group.

Since Nautilus Roofing and Exteriors was started nearly 10 years ago by Stuart Jeffreys and Andrew Brush, Nautilus has worked with a range of commercial, industrial and third sector clients, employing a multi-disciplinary approach to roofing and cladding services.

The buyout sees Stuart Jeffreys take full ownership of the business with Andrew Brush and Kevin Robinson resigning their directorships. Stuart said, “I am very proud of what Nautilus has achieved to date, and it sets an excellent precedent for what is to come. Our expert craftmanship and professionalism, combined with an overarching goal of collaboration and innovation has seen us deliver the best possible projects for clients.

“With plans to invest in the existing highly trained and motivated team, new staff and expand service offering, the sky really is the limit for Nautilus.”

Further Investments

Following the transaction, Nautilus has plans to invest in additional surface covering activities to meet widening client demand, including concrete repair and resin flooring.

The investment will enhance the business’ existing in-house technical expertise, which includes steel and aluminium roof and side wall coverings, single ply and built up felt roofing and liquid coatings, with refurbishment being a specialism.

Nautilus founder Andrew Brush said: “I am delighted to see Nautilus embark on this new chapter with Stuart at the helm. This transaction reinvests in the business, creating greater value and allowing for sustained growth into new markets and regions. I look forward to seeing Nautilus’ continued success.”

>> Read more of the latest MBOs in the news