E3Cube, a specialist multi-disciplinary building surveying and property consultancy based in Liverpool, has completed a management buyout (MBO).
The business, which also operates an office in Birmingham, was founded in 2013 by John and Justine Fay with a strong focus on providing services to the education sector.
The MBO has been undertaken by four of the management team – Michael Jones, Eliot Laughton, Craig Clark, and Sarah Bell.
While the education sector will remain a key focus, the new team is looking to expand E3Cube’s presence within decarbonisation, health, commercial, industrial, and residential markets.
Michael Jones, on behalf of the new management team, said: “John and Justine have established a remarkable business in E3Cube, and on behalf of the management team, I want to express our sincere appreciation for their hard work and achievements.
“As we look ahead, maintaining our edge through efficient, high-quality building services design will ensure we stay competitive, resilient, and focused on our people. While the education sector will always be central to what we do, we’re excited to expand our reach into decarbonisation, as well as commercial, industrial, and residential projects.”
John Fay added: “This management buyout ensures that the culture, which has been central to our growth and success, will be preserved and nurtured. We couldn’t be happier to hand the business over to such a familiar, talented, and committed team. They are perfectly placed to lead E3 Cube into its next phase of growth and diversification, while continuing to deliver the outstanding results our clients expect.”
Langtons Chartered Accountants acted as lead advisors to the management team, with legal advice from Glenville Walker and funding from HSBC.
John and Justine Fay were advised by accountancy firm MHA and law firm Bermans.
From left to right: Josh Christopher (Langtons), Michael Jones (E3 Cube), Jayne Croft (Glenville Walker), Eliot Laughton (E3 Cube), Sarah Bell (E3 Cube), Craig Clark (E3 Cube), Matt Robinson (HSBC)
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