MBC Group Directors agree to acquisition

by | Feb 19, 2024 | MBC Group update

In a move to strengthen our business which will enable our continued growth and the ability to provide a range of professional services, Heath and Joel are pleased to have agreed to the acquisition of MBC Group by Phenna Group, UK. With our future secured and retaining the same management and reporting structure, our clients will not see any change in approach to our care and dedication for ensuring a better built environment.

Directors Heath McNab and Joel Lewis were very pleased to announce the purchase of MBC Group by Phenna Group. Heath and Joel comment that, “we are genuinely excited to be joining Phenna Group. This was clearly a very important strategic decision for our business. From our first engagement with the Phenna Group team, it became obvious that their commitment and focus to the continued growth of our business and their differentiated business model was the perfect fit for MBC Group. We believe we have a strong future together and look forward to working with Paul, Brett and their teams to grow our business and capabilities.”

Headquartered in Nottingham, UK, Phenna Group’s aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers’ peace of mind by delivering first class testing and assurance services. This acquisition is their 8th deal in Australia and continues the strong growth in the region, whilst augmenting entry into the building certification market.

Brett Coleman, Divisional MD, Australia said “It is very exciting to welcome Heath, Joel and their team to Phenna Group. Over the past ten years they have built a very strong business with an enviable reputation for technical capability within the Australian building certification market. I look forward to working with them to continue their growth.”

Paul Barry, Group CEO of Phenna Group added, “I am delighted to welcome Heath, Joel and their team to Phenna Group.  The addition of MBC Group supports our fast-growing certification and compliance operations in Australia.  Their experienced team and extensive capability provide a strong base to grow our certification and compliance business. I look forward to working with Brett, and the MBC Group team to continue their exciting journey.”

MBC Group is a leading building surveyor consultancy with capability in the commercial, government, education, health and aged care sectors. Founded in 2013 by Heath and joined by Joel in 2018, they have built a reputation for being proactive, personable and accessible to ensure the best possible compliance outcomes for clients. MBC Group has a dedicated team of highly experienced specialist consultants based in NSW that also service the ACT, Queensland, Northern Territory and Victoria.

Phenna Group were advised by Macpherson Kelley and Pitchers Partners.

MBC Group were advised by Red Swan Partners, RSM and Holding Redlich.

For further information on Phenna Group, visit: www.phennagroup.com

For further information on MBC Group visit: www.mbc-group.com.au

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