Bridgepoint backs BAS buy-out

Bridgepoint Development Capital has backed a management buyout of Building Automation Solutions (BAS). The Altrincham-based company, founded in 2006 following a buyout from Siemens, helps businesses reduce their energy costs and consumption. Managing director Brin Sheridan led the buyout. BAS designs, implements and supports management systems which help building owners to control, monitor and reduce … Continued

Energy firm sold for £40m

Altrincham building energy management firm Building Automation Solutions has changed hands in a buy-out worth £40 million. A management team led by chief executive Brin Sheridan has bought the business from Bob Savage and Steve Dalton, who had led its earlier spin-out from engineering giant Siemens in 2007. The pair have retained a stake in … Continued

Building Energy Management Firm Sold in £40m Deal

By Chris Barry – Editor, North West Altrincham-based building management firm Building Automation Solutions has changed hands in a buy-out worth £40m. A management team led by chief executive Brin Sheridan and backed by London-based Bridgepoint Development Capital have bought the business from Bob Savage and Steve Dalton, who had led its earlier spin-out from … Continued