Poole based accountants Inspire has just assisted Property & Construction Surveyors P H Warr PLC to complete a management buy in as part of its strategic development plan. Three of the company's directors David Johnson, Jonathan Carter and Paula Warburton have taken a significant stake in the company.
"This has been a very satisfying process for us" said Warren Munson MD of Inspire, "We've advised P H Warr for a number of years and it's always great to see a clients business grow and develop in this way."
With its Head Office in Bournemouth P H Warr, founded in 1992 by its MD Philip Warr, has grown to be one of the South's leading Quantity and Building Surveyors with a network of offices covering London and the South of England.
Philip Warr said "David, Jon and Paula have all shown fantastic commitment to the business over the years and I've always believed in recognising people's efforts. With all three of them as stakeholders it will help us develop and grow the business as we move forward."
Additionally, Gordon Page CBE, Chairman of FTSE 100 company Cobham PLC, has recently joined the P H Warr board as non-executive Chairman. "We're hugely honoured that Gordon has joined us" said Philip, "and I consider it a great endorsement of our team that such a respected business leader would want to be part of our future."
These developments will assist P H Warr through the next phase of its development to achieve its ambitions for further growth despite an increasingly challenging economic environment.
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