Since his appointment as managing director in 2004, Stuart Alexander has been instrumental in doubling the company’s profits. His team is backed by venture-capital-trust NVM, which has invested £7 million of the £14.7 million funding.
Mr Alexander says, ‘This deal gives the management team the investment to fund our continued UK and international expansion and capitalise on the growing demand for our specialist sustainability services.
‘Environmental legalisation has made the role of the building-services engineer more critical than ever in the design and construction of buildings, and Foreman Roberts is ideally placed to ride the crest of this exciting industry growth.’
Peter Hodson, who managed the deal for NVM, commented. ‘This is an exciting opportunity to invest in a sector that is developing rapidly and is further enhanced by legislative change increasing the importance of building-services engineering. We recognise Foreman Roberts’ excellent position to capitalise on this growth, as well as the expertise of the management team.’
