A Welsh firm that worked on Gareth Bale's golf theme bar in Cardiff has completed a management buyout.
The management team at S&G - a heating, ventilation and air conditioning firm headquartered in Barry - has successfully taken over ownership of the company for an undisclosed sum.
Managing director Paul Copner and commercial director Nic Roberts, who have been with the company for 15 and 13 years respectively, have taken over the company from founders Steve and Gemma Howell.
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GS Verde Group advised throughout the transaction.
Established in 1999, S&G, which also has offices in the Midlands and London, specialises in HVAC mechanical services, including design, installation, commissioning and after-care.
The company's recent projects include the design and installation of ventilation systems, with fit out by Paramount, at the new themed golf bar and restaurant, Par 59, in Cardiff's city centre jointly owned by Wales footballer Gareth Bale.
Managing director Paul Copner said: "I am very excited about the future for S&G, following on from the successful MBO. We always have and always will take a huge amount of pride in working together with our clients to ensure we achieve the highest possible standards.
"I would like to thank S&G’s founders Steve and Gemma for all their efforts over the last 23 years and extend my gratitude for the opportunity to take the business forward for the foreseeable future."
Nic Roberts, commercial director, said: "After successfully managing S&G with Paul for the last five years, I am delighted that we will be taking over the business together. The company has an excellent reputation for quality of work, client service, support, and project delivery, all of which we will strive to maintain as the core fundamentals of the business in this new era.
"Having known Steve and Gemma personally since they started the company all those years ago, it has been a pleasure to have worked for them to help grow the business to where it is today, and I wish them all the success in their next chapter."
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