Alliance is a well-performing, cash positive business, with a strong management team which has significant contracts with public sector, Blue Chip and Tier 1 organisations.
Alliance Electrical Services Ltd was acquired by United Capital in December 2019. Alliance Electrical is the second acquisition by the Group and demonstrates the type of businesses that the group are most interested in; well-performing, cash-positive businesses.
Alliance Electrical are a building services company based in Angus, Scotland. Alliance deliver multi-trade services across the East Coast of Scotland for many large private sector organisations including both St. Andrews and Dundee University. Alliance specialise in commercial grade electrical and plumbing installations and maintenance works.
Alliance joins United Capital with no bank debt, fantastic credit standing and a strong leadership, which has been retained as part of the acquisition deal. With the support of United Capital’s experienced Board of Directors, the company is supported in growing the existing business and the collective power of the group is used where appropriate i.e. finance, marketing, procurement and business development, to create value.