Westway Services

Sector Support Services
Deal Type Realisation
Initial Investment June 2009
Location London
Maven Office London
Westway complete logo
About Westway

In December 2015 Maven sold its investment in Westway Services (Westway), a provider of facility solutions to the built environment, to US-based ABM; generating a 6.8x total return on the original investment for Maven clients. Founded in 2001, Westway provides an integrated range of technical building services on both planned and reactive maintenance contracts. The business has evolved to offer clients a full range of mechanical and electrical engineering services covering infrastructure such as heating, ventilation, air conditioning, refrigeration, and electrical installations. 

Maven funded the original MBO of London-based Westway in 2009 and have since helped grow its footprint throughout the UK. At the time of the first investment by Maven, Westway had a turnover of less than £10 million and employed 38 people from a single office location in West London. Under the leadership of Managing Director Andy Donnell, the business has since achieved significant year-on-year growth, and following a secondary management buy-out led by Maven in 2014, has expanded further with forecast turnover set to exceed £50 million this year, annual earnings in excess of £5 million, and now employing 535 people across its UK offices in Ruislip (West London), Bristol, Glasgow, Leeds, and Northampton. 

Since their initial investment in 2009, Maven have supported the management whole heartedly to achieve their goals. They have worked with the team to develop a clearly defined strategy and allowed them the autonomy to execute it. The opportunity for Westway to move into the ABM group provides an excellent vehicle for it to continue its impressive growth.
Andy Donnell, Managing Director at Westway
Maven is able to support ambitious British businesses throughout their entire lifestyle from start-up to later-stage. Speak to our team today.
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