Ferrabyrne is pleased to announce a Management Buyout backed by YFM Equity Partners (YFM), YFM have invested alongside private co-investors to provide the funding package.
Ferrabyrne has delivered significant revenue and profit growth over the past four years, positioning the firm as a market leader in this sector. Under the new ownership, the senior team will continue to be led by MD Ken Horton, with Peter Pollock also continuing in his role as a non-executive chairman.
Nigel Owens, Investment Director at YFM, said: “Ferrabyrne has established an impressive reputation in this industry, both in the UK and across the globe. With increasing investment in UK rail infrastructure as well as high investment rates overseas, this was a good opportunity to back a strong, mature and growing business on sensible terms.”
Ken Horton, MD at Ferrabyrne, added: “The rail market is growing strongly and with the backing of YFM we are ideally positioned to take advantage of this opportunity to supply train manufacturers and maintenance operations in the UK and abroad. We have invested heavily in our core business and are excited to be working under the new ownership as we enter the next stage for our business.”