Glenville Walker and Langtons advises E3Cube Management Team on MBO

E3Cube, a specialist multi-disciplinary building surveying and property consultancy headquartered in Liverpool, has successfully completed a management buyout (MBO) as part of a strategic growth plan focused on expansion into new sectors and services.

The business, which also operates an office in Birmingham, was founded in 2013 by John and Justine Fay. E3Cube has built a strong reputation for delivering high-quality consultancy and project delivery services, particularly within the education sector.

The MBO has been undertaken by four senior members of the management team — Michael Jones, Eliot Laughton, Craig Clark, and Sarah Bell — who will now lead the business into its next phase of growth. While the education sector will remain a key focus, the new leadership team is set to expand E3Cube’s presence within decarbonisation, health, commercial, industrial, and residential markets.

Michael Jones, on behalf of the management team, said:

“John and Justine have established a remarkable business in E3Cube, and on behalf of the management team, I want to express our sincere appreciation for their hard work and achievements.

As we look ahead, maintaining our edge through efficient, high-quality building services design will ensure we stay competitive, resilient, and focused on our people. While the education sector will always be central to what we do, we’re excited to expand our reach into decarbonisation, as well as commercial, industrial, and residential projects.”

John Fay, added,

“Justine and I are incredibly proud of the collaborative, quality-driven culture that runs through every part of E3 Cube. It’s a culture our clients genuinely value and feel, and one that the new management team, with over 34 years of combined experience at E3 Cube, has played a key role in shaping and strengthening.

This management buyout ensures that the culture, which has been central to our growth and success, will be preserved and nurtured. We couldn’t be happier to hand the business over to such a familiar, talented, and committed team. They are perfectly placed to lead E3 Cube into its next phase of growth and diversification, while continuing to deliver the outstanding results our clients expect.”

The MBO was supported by a number of professional advisors. Langtons Chartered Accountants acted as lead advisors to the management team, with Simon Mills, Josh Christopher and Ben Lewtas supporting throughout the transaction as well as securing funding from HSBC. Legal advice to the management team was provided by Denise Walker and Jayne Croft at Glenville Walker whilst HSBC’s funding team was led by Sam Roden and Matt Robinson.

On the sell-side, the outgoing owners were advised by Rob Richardson from accountancy firm MHA with legal advice provided by Laura McMorland from law firm Bermans.

The completion of the MBO marks a significant milestone for E3Cube as it looks to the future with a renewed focus on sustainability, innovation and market diversification.