We are delighted to be instructed as sole advisors in the sale of the following business.
Business Sector
A commercial and industrial building services, maintenance and installation company with over 4 decades of experience.
Geographical Area
UK based.
Business Position
The business is renowned for maintenance, servicing, installation and insurance inspection of commercial heating systems for a variety of establishments such as hospitals, schools, leisure centres, swimming pools and more. Bonn’s highly skilled Gas Safe engineers are also highly experienced in the maintenance and servicing of a wide array industrial scale heating systems. Bonn can work with boilers typically ranging from 70kW – 15,000 kW firing with oil, gas or dual fuel burners in any specification from hot water low-pressure to high-pressure steam boilers, industrial incineration plant to commercial baking ovens.
Bonn also provide high quality air conditioning maintenance, servicing and installation to both commercial clients. Bonn’s expertise covers a wide array of air conditioning systems and specifications for hotels, offices, universities and NHS properties.
The business prides itself on the high standard of work carried out, with clients relying on Bonn to maintain efficient performance of their heating systems or air conditioning systems and ensure minimum down time. This is due to varying length of service contracts to fit the clients’ needs, 24-hour emergency call-out and priority attendance.
The business has seen impressive growth in recent years with significant increases in Turnover, Gross Profit and EBITDA. Turnover has increased by £1,471k between FY20 and FY22, Gross Profit has increased by £1,277k between FY20 and FY22 and adjusted EBITDA has increased by £749k. Early indication are that FY23 will continue from the impressive results recorded in FY22.
Contact Details
If you would like further information, please contact us to make arrangements for a confidentiality agreement to be sent to you: Paul Whitney, Corporate Finance Director, on 0161 832 6221 or email paul.whitney@xeinadin.com
