An independent engineering consultancy in Birmingham is set to undergo a management buyout.
Director Andy Clarke and office manager Avril Lamont-Webster will take over the running of Halligan Consulting Engineers when they complete the deal over the next five years.
The long-serving pair - who joined the company in 1995 - will take over the business from the firm's current owner and founder Terry Halligan, who will remain with the firm in a consultancy role.
As part of the deal, the company will remain in its current headquarters on Ludgate Hill, near St Paul's Square, where it employs 10 staff.
READ MORE: Cloud and cyber security provider secures £1m investment
Andy Clarke said: "We're very pleased to have agreed a deal to buy the business. It is a logical step for Avril and I, who have worked here for several years and enjoy excellent relationships with our clients.
"We're proud to be a successful and independent M&E consultancy and this buyout will ensure that we keep our team together and continue to build on the foundations that have served us so well.
"We feel very confident that the business will continue to grow and develop as it has done over the last 34 years, with the same company name and ethos. We are also delighted that Terry has agreed to remain active in the business in a consultancy capacity, where we can continue to benefit from his considerable knowledge and experience."
Most Read
Halligan Consulting Engineers was founded in October 1987 and initially developed a reputation for the delivery of mechanical and engineering consultancy on major projects in the South East.
The business later expanded in the Midlands and has since delivered projects including Park Regis Hotel and Al-Abbas Islamic Centre in Birmingham, Coventry's Belgrade Theatre and a £35 million project at St Martin's Place - a 17-storey residential apartment block in Birmingham city centre.
Birmingham BusinessLive Awards 2022
The Birmingham BusinessLive Awards in association with Birmingham Post 2022
The annual ceremony will celebrate the city's finest businesses, individuals and organisations and crown our overall Company of the Year -
The deadline for submissions is Monday January 17 and the ceremony will be held at the ICC in Birmingham on Friday March 18.
If you have any questions or to enquire about sponsorship please email paige.jackson@reachplc.com and follow the hashtag #BBLA for updates on social media.
Halligan Consulting Engineers delivers services on behalf of developers, architects, contractors, project managers and end users across the 海角视频. Its clients include Graftongate, Seven Capital, Trebor Developments, Hortons' Estate, Solihull School and Western Power Distribution.
Terry Halligan said: "I am delighted that Andy and Avril have agreed to take on the challenge of running Halligan Consulting Engineers into the future.
"It has certainly been a very enjoyable experience for myself and I hope that they will also have a happy and profitable future. I feel confident that after working with them both for 26 years, that there will be no hiccups in the transition and I am looking forward to taking a back seat and imputing as and when necessary, either technically or from a management point of view.
"I am sure our clients will not notice any change in the way we conduct our business."