Project Highway
Opportunity to invest in or acquire a leading Traffic Management and Civil Engineering business based in the North-West and with operations also in Yorkshire and East Midlands.
The Company operates in two clearly defined separable business divisions and offers could be made for either or both divisions.
The current issues facing the Company stem from a contraction of activity and bad debts suffered by the Civils division. Whereas the Traffic Management division remains resilient and strongly performing with EBITDA for 2024 forecast to improve to >£1.1m v 2023 at £0.6m.
All interested parties must send their expressions of interest by 5pm on 1 March 2024. All offers must be supported by proof of funding.