Wirral based M&E contractor Kimpton has completed a management buyout.

The £25m turnover firm,which celebrated its 60th anniversary last year, will now be led by a team of directors including new managing director Tim Davis, who was formerly the firm’s general manager, and Linzi Kelly, who steps up to become financial director.

They are joined on the board by five experienced colleagues from the existing senior team – Paul Cooper, Scott Bennett, Paul Davies, Andy Morgan and Matt Breakwell – who share many years of operational, service and project delivery expertise.

Departing chief executive Richard Kimpton, who himself completed an MBO from his father and company founder Eric Kimpton in 2001, will remain invested in the business and will continue to support the MBO team in a non-executive capacity as part of a long-term succession plan.

The move follows a period of expansion over recent years, led by the new management team, which has seen Kimpton broaden the diversity of its revenue through an expansion of its service offer into full facilities management, turnkey commercial and science fit-out, with a focus on decarbonisation and net zero solutions, alongside the team’s developed MEP specialism in high rise residential construction.

Davis said: “We are all delighted to take the reins at this exciting time for Kimpton. Our strong customer base continues to grow, encouraged by our expanded range of services, and the dedication of our team. The vision we have for the company is ambitious and yet pragmatic.

“We will continue to build on our reputation for quality and dependability, in keeping with the ethos and foundations of the company, building the diversity of our business, and in turn creating growth, security, and opportunities for our staff, our customers, and the communities in which we operate.

“Our recent introduction of hard FM services and full turnkey project solutions are a step towards this. Our core MEP Projects Division has also developed its offer with specialist teams now dedicated to delivering particular project types that fall within the broad scope of commercial mechanical and electrical building services.

“Alongside their work regionally for a variety of clients from manufacturers, education providers, NHS trusts and hospitality venues, our specialist BTR and PBSA division has also been expanding its work nationally across the UK, with multi-million pound projects in Birmingham, Bath, Cardiff, London, Leeds and Manchester.”

Richard Kimpton said: “We needed to know that we would be leaving the company in safe hands so we have been careful to take our time with this, and I now look forward to supporting the team in the next chapter for Kimpton in a non-executive capacity in the years ahead.”