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Building consultancy Taylor Lewis completes administration buy-out

Taylor Lewis

Taylor Lewis

The volume measurement and construction consultancy Taylor Lewis plans further growth after the successful conclusion of a management buy-out (MBO). The company is now owned and run by Robin Jackson and Anthony Bassett.

The new directors have bought Taylor Lewis from previous owners Steve Foxon and Ben Couch, who will continue to run the company as key members of the new management team.

Taylor Lewis is an independent, multidisciplinary Chartered Quantity Surveyors company that, in its 29th year of existence, provides a range of professional construction advisory services and advice to the public and private sectors. Taylor Lewis is known for project management for affordable housing developments in the south of England and, according to the Grenfell Tower survey, is one of the surveying companies advising landlords on passive fire protection.

With a team of 38, the fast growing company has offices in Exeter, Truro and Newport in South Wales and aims to have a presence in London and Manchester.

After just over two months of negotiations, the deal was finalized with the assistance of Thomas Westcott Chartered Accountants and the law firm Trowers & Hamlins.

Robin joined Taylor Lewis in 2013 as a Senior Surveyor before being promoted to Associate and Head of the Exeter Office. Anthony Bassett leads the company’s Truro team after joining the company in 2014.

Robin said, “We were facing a very tight negotiation and closing phase which meant we needed the full commitment of our team from the start and I had to be sure that Thomas Westcott and Trowers & Hamlins would meet our ambitious deadline.

“It was a challenge, but Thomas Westcott and Trowers & Hamlins were so responsive and so thorough in advice that negotiations became so much easier. We worked well together and their professionalism and ability to get things done on short notice made sure we got it done on time. I can’t fault them at all in relation to the advice and service we have received from them.

“We will continue to work with Thomas Westcott and Trowers & Hamlins in the future. Both companies can cover anything Taylor Lewis needs in terms of financial and legal advice. “

Alison Watts, corporate finance director at Thomas Westcott Chartered Accountants, said, “The ambitious deadline for this MBO meant we all needed to quickly understand the business and everyone’s needs and goals. We were able to close the deal in such a tight timeframe because everyone worked so well together.

“Taylor Lewis is a very well established company that has expanded significantly over the past few years. Robin and Anthony have exciting plans for the future and we look forward to working with them as they continue to grow and develop the business. “

Lynne Rathbone, partner on the Exeter corporate team at Trowers & Hamlins, said, “We are delighted to have the opportunity to work with Robin and Anthony on their Taylor Lewis MBO. The fact that we met the ambitious deadline for completion is a testament to their dedication, hard work and dedication. the same characteristics that will no doubt support the continued growth and development of this advanced business in the Southwest and beyond. We wish Robin and Anthony every success with their plans and look forward to working with them in the future. “