The STAT Group are pleased to announce the acquisition of ION Consulting Engineers Ltd as part of their Buy and Build strategy to acquire companies operating within the built environment and construction sectors.
The Hampshire based ION was founded in 2004 by Mark Bowen and Peter Sheppard and has grown to become a leading firm of consulting engineers, providing complete mechanical and electrical service solutions to a range of blue-chip clients.
John Stevenson, a STAT Director said, ‘I am delighted that Mark and Peter have chosen to join the STAT Group as in so many ways they embody everything we are looking for. They’ve worked hard to build a great business and they will continue to be an integral part of its future for many years to come. We are excited to be working with them and their colleagues as we are convinced that ION has a very bright future ahead of it’.
Mark Bowen commented, ‘ When Peter and I decided to make the change, an important consideration was the personalities of the STAT team, from the outset there was a strong level of mutual trust and we are convinced that we have made the right decision to enable ION to continue its growth in the years ahead’.
Carl Springthorpe, Chairman of STAT said ‘If there are other owners of businesses like Mark and Peter’s at ION who would like to discuss how they can secure their future we’d be delighted to talk to them. Our purpose is to create a legacy where succession and our businesses are perpetual’.