COMMERCIAL landscape and groundworks specialist M Squared has completed a seven-figure investment into Glasgow-based repairs and maintenance specialist, EBS Construction Limited (EBS).
EBS has over 50 years of industry experience in all aspects of structural repairs, stone masonry, and building restoration works across Scotland. Directors David Sinclair and Brian Ticcioni will now work with the M Squared team to build upon the strong foothold and client base in target markets.
M Squared recently celebrated its 10-year anniversary and reached the annual revenue milestone of c.£10 million for the first time. The business is targeting £25 million in revenue by 2027 and aiming to grow the team to over 125 members via ‘organic growth and strategic acquisitions’ to further expand the business’ UK footprint.
M Squared’s founder and MD, Kerr McEwan, said, “We’re delighted to confirm our investment into such a well-respected business with a highly skilled workforce. EBS has an impressive legacy in the repairs and maintenance sector in Scotland and we can’t wait to start working alongside David and Brian to capitalise on the clear synergies between our two businesses.
“For M Squared, this investment represents an important development as we continue to build the in-house capabilities of our team ahead of a significant period of growth expected over the next 12 months.”
EBS’ David Sinclair added, “After 30 successful years, partnering with a confident and progressive company like M Squared marks a pivotal moment for EBS. We’re confident their proven track record and shared commitment to delivering exceptional project outcomes for clients will drive our next 30 years of growth.”
EBS’ Brian Ticcioni commented, “This investment from M Squared marks a significant milestone in the long history of EBS. We are excited to work with Kerr and his team to implement a strategy that will expand our market reach and deliver our value proposition to a wider client base.”
