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The deal allows Jarrow-based contractor Wescott to offer clients a fully integrated scaffolding service, which it previously subcontracted, and expands its geographical base.
New SGS owners Wescott Industrial Services’ managing director Mark Duffy (left) and commercial director Matthew Doyle (right)
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Established in 1994, SGS employs around 70 staff and operates nationwide for clients such as Engie, BAM Construction, Amco Griffen and Gassco Gas Terminal.
Founded in 2010, Wescott Industrial Services is owned by three shareholders, Mark Duffy, Matthew Doyle and Kevin Carruthers, who joined the business in 2016.
Westcott employs around 80 staff specialising in industrial blasting and painting services to renewables, oil & gas and infrastructure sectors.
“Bringing such a well-established and experienced scaffolding contractor into our business will offer considerable benefits to both businesses and support the continued scale-up of our operations.”
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Newcastle-based RG Corporate Finance advised on the takeover.