KBS CORPORATE FINALISES SALE OF ROOFING SPECIALIST DAVE JESSOP
Dave Jessop Ltd, a roofing specialist based in Hull, has been successfully acquired by a private investor.
Dave Jessop Ltd, a roofing specialist based in Hull, has been successfully acquired by a private investor in a transaction overseen by Luke Rae, KBS Corporate Deal Executive.
Operating for over 30 years as a family-run business, Dave Jessop has vast experience in the industrial, domestic and agricultural markets.
Manufacturing and supplying an extensive range of roofing solutions, key products include bespoke sheeting, guttering and flashings.
Luke Rae advised: “Dave Jessop has continued to grow since its inception, benefitting from decades of experience and great customer feedback.
“The founders, Dave and Davena Jessop, felt that now was the right time to explore a business sale as they looked towards their retirement.”
The successful offer came from Pierce and Geddes Investments, led by David Pierce. The acquisition of Dave Jessop will allow the new owner to diversify an existing investment portfolio.
Dave and Davena Jessop are delighted with the outcome of the sale and believe they made the right choice in choosing KBS Corporate as their business sales adviser.
The founders said: “KBS Corporate made the whole process as easy as possible. Luke Rae answered any questions we had promptly and professionally.”
Luke added: “I’m pleased that all parties are satisfied with the deal, ensuring Dave and Davena will have a comfortable retirement and can concentrate on time with their family.
“I am confident that David Pierce will maintain the success of the business moving forward, working alongside the existing workforce to expand further.”
During the sale, Dave Jessop was supported by Qachina McKeefery, KBS Corporate Document Writer, and Guvvy Sandhu of Mackrell Solicitors.