Wade Building Services / Builds foundation for growth through management buyout

Wade Building Services builds foundation for growth through management buyout

Alinea has guided the shareholders of Wade Building Services through a defining management buyout that empowers the next generation of leadership while building upon the company's strong foundations in construction supply.

"The Alinea team's hands-on guidance throughout this journey has been invaluable. Their deep understanding of our business and relentless drive to achieve the best outcome gave us complete confidence. We're delighted with how smoothly the whole process went, setting us up perfectly for our next chapter."

Indie Basi, Managing Director of Wade Building Services

Established in 1991, Wade Building Services has built an enviable reputation in construction supply, specialising in lintels, temporary fencing and building materials for a nationwide blue-chip customer base. From its central UK location, the company has fostered enduring client relationships spanning decades, built on service excellence and continued investment in both its product range and digital capabilities.

The transaction sees Managing Director Indie Basi increase his ownership of this well-invested business. The deal provides a strong platform for Wade's next phase of growth, building on its established success across both B2B (Wade Building Services) and B2C (Wade Supplies) markets.

Commenting on the deal, Indie Basi said: "This marks an exciting new chapter for Wade Building Services. With our experienced team now at the helm and our robust operational foundation - including our strategic freehold location and diverse vehicle fleet - we're perfectly positioned to drive the business forward while maintaining the values and service excellence that have defined us."

Funding for the transaction was provided by HSBC, with Parinda Nanayakkara and Mark Hewitt leading the banking team.

Alongside Alinea, legal advice to the selling shareholders was provided by Mike Ward, Jamie Gillespie, Chris Jones, Alison Davidson-Cox, Tanisha Gupta and Megan Kirby from Gateley plc, while Indie and the management team received advice from Jody Webb at Shakespeare Martineau. HSBC were advised by Colin Rodrigues and Ben Powell from Hawkins Hatton.