Chairman’s Statement

Many of you reading this statement will have come across the STAT Holdings website because you’re considering selling your business to us and I would like to tell you a little more about STAT, what we stand for and what we’re building.

Like many of you, over a 40+ year career I have created and built several successful businesses and so know how much sweat, worry and hard work goes into doing that.  I also know the satisfaction and pride that comes from building a financially strong and healthy organisation, relied upon by its people and the customers it serves.  However, nothing can go on forever, and so I’ve sold businesses and am conscious of the importance of getting your money out whilst ensuring the legacy of the business continues.  That’s where the seed of the idea formed that eventually became STAT.

It’s a sad fact that many good businesses never sell – some common reasons being the 2nd tier management haven’t the finances or often the bravery to complete an MBO and the companies are too small to attract the interest from private equity firms, leaving business owners with a dilemma.  We want STAT to be an antidote to that, so we’re buying solid businesses throughout the UK across all aspects of the built environment sector.  We work with the outgoing owners, ensuring they get a fair price for the business and that it’s handed over in a way that it’s people and clients are looked after and will continue to grow and thrive long into the future.

The name, STAT, comes from a conversation with colleagues when we were trying to come up with something reflective of our values, which are to be Straight-Talking And Truthful.  That’s how I’ve always been in business as I’ve found that being honest with people has never let me down.  If we say we’re going to do something, we do it.  If we say we’re going to back you, we back you 100%.