Banners Gate Limited Announces Management Buyout
We are pleased to announce that David Allbright and Scott Marshall have completed a Management Buyout (MBO) of Banners Gate Limited.
This concludes several years of succession planning by the founders of the company who were keen to ensure the business remained under the ownership of long-serving colleagues.
David and Scott have played a pivotal role in shaping the company’s growth, innovation, and culture for more than 15 years. They aim to achieve controlled growth across the civil, structural and architectural departments, utilising the company’s strong market position, by strengthening relationships with its existing valued clients.
Steve Foxall, John Byrne and Tony Ayliffe will continue to work for the company and have expressed full confidence in the new leadership’s team to lead the company into its next phase.
“This MBO represents a significant milestone in our company’s evolution,” said David Allbright, Director. “Our leadership team has always been deeply invested in the success of Banners Gate Limited and the Management Buyout allows us to drive our long-term goals with even greater commitment and clarity.”
Scott Marshall, Director stated “We are excited to be leading such an incredible business, with a fantastic team, into its next chapter. We thank the outgoing Directors for everything they have achieved, and we will strive to uphold their legacy.”