Benchmark International is pleased to announce the transaction between Winchester-based Vita Play and Bedfordshire-based Beds Construction.
Established in 2009, Vita Play provides turnkey solutions for children’s outdoor play spaces and environments, including fencing and street furniture, as well as specialist safety surfacing. Undertaking all work in-house, the company provides a complete service from design through to installation and maintenance. Operating from purpose-built facilities, the company primarily serve local authorities, schools, and private domestic clients across Hampshire and the surrounding counties.
Private equity backed Beds Construction is an established business in the construction sector. It seeks to pursue synergistic bolt-on opportunities with well-established companies that have a turnover between £1m and £15m, a strong balance sheet and a long operating history.
Commenting on the transaction, Dominic Philippe, Associate Director at Benchmark International said: "It was a great pleasure to assist Simon and Claire on this transaction, which enables them to step away from the business and focus on their other business interests. The acquisition presents Beds Construction Services the opportunity to expand its service offering, and provides Vita Play with access to a greater number of customers.”
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