Ventilation & Environmental Supplies Ltd, a Dudley based manufacturer and distributor of ductwork, heating, and ventilation products, has been acquired by Euston Ventures in a deal advised by Burgis & Bullock Corporate Finance.
Founded in 1988, VES has established a strong reputation as a trusted partner to customers across the construction, building services and industrial sectors. Through its commitment to technical expertise, customer service and product quality, the business has delivered sustained growth and developed long-standing relationships with a diverse customer base throughout the UK.
Euston Ventures focuses on acquiring and operating businesses in the specialist manufacturing, industrial and product distribution sectors.
The acquisition by Euston Ventures marks a pivotal moment in the Company’s history. The transaction enables the founding shareholders to realise the value they have created over several decades while ensuring the business is well positioned for continued success under new ownership.
Simon Chapman, Partner, and Niall Douglas, Executive, at Burgis & Bullock Corporate Finance advised the VES shareholders on the transaction. They provided strategic advice, preparing the business for sale, identifying and engaging with a broad range of potential acquirers, and managing negotiations through to completion.
Niall Douglas, Executive at Burgis & Bullock Corporate Finance, said:
“This transaction represents an excellent outcome for the shareholders of VES and marks an important milestone in the company’s evolution. Euston Ventures stood out as the ideal partner, bringing both strategic ambition and the resources required to support the next chapter of the company’s journey. It has been a pleasure to support the shareholders through the process, and we look forward to seeing the business continue to thrive under its new ownership.”
Founders of VES, Nigel and Sam Haywood commented:
“Having run the company for 38 years, we were understandably nervous about what retirement and our eventual exit from the business would look like. Burgis & Bullock Corporate Finance proved to be the ideal partner for this process, guiding us through every stage of the journey. Their strategic advice, commercial insight and transaction expertise gave us complete confidence from start to finish. The result was a successful transaction that exceeded our expectations, and we are extremely grateful for their support throughout the process.”
Legal advice to the VES shareholders was provided by Rick Smyth, Partner, assisted by Michael Kokkinoftas, Solicitor, of The Wilkes Partnership.
Euston Ventures was advised by Craig Fiddaman and Geoff Hazlewood of Ashtons Legal. Debt funding for the transaction came from Arbuthnot Commercial Asset Based Lending Limited.
