WA & A Maintenance acquired in a deal by KBS Corporate
WA & A Maintenance provide installation and maintenance of electrical and mechanical services for commercial and residential properties to London and the immediate surrounding areas.
WA & A Maintenance provide installation and maintenance of electrical and mechanical services for commercial and residential properties to London and the immediate surrounding areas.
The company was formed in 1991 as Wilkinson Aldcroft and Associates, later becoming WA & A Maintenance in 2002. The longevity of the company has resulted in the generation of over 900 clients, the vast majority of who are repeat customers, and have been with the WA & A Maintenance for over 10 years.
KBS Corporate was tasked with the sale of WA & A Maintenance in order to allow the current Managing Director to pursue other business interests.
A wide-ranging research strategy was implemented with a primary focus on larger trade buyers within the HVAC sector. This proved highly effective and led to 26 interested parties. The bulk of interest came from trade however WA & A Maintenance also attracted attention from investment groups and private buyers. There was also a notable uplift in final offers, which, in part, was attributed to rising business performance.
The successful offer came from trade buyer Scubair Limited. The company specialises in air conditioning, ventilation & electrical services for commerical and residential properties. WA & A Maintenance is Scubair Limited’s first acquisition in their current expansion plans. The key motivations for the acquisition are to expand Scubair Limited’s customer base and geographical reach. Nathan Leah, Corporate Deal Executive, advised on the deal.