Founded in 2011, BlueBuild provides sustainable energy solutions to both domestic and commercial customers including a range of internal and external insulation services and solar PV installations. Operating out of Newtownards, Northern Ireland and Dublin, Republic of Ireland, the group provides its services across the Island of Ireland and mainland GB.
BlueBuild will be led by new Managing Director Rob Forsyth and Operations Director Ewan Melvin who has been with the group since its inception. The company will also receive significant additional support from Cordovan as it enters the next phase of an already exciting growth story.
Cordovan Capital Management Limited was advised by Paul O’Brien and Ben Sims of Tughans Solicitors in Belfast, Bill Holwell of LGF Capital Partners, and Matt Owens of EY Belfast for financial due diligence. The vendors were advised by Max Nesbitt of Wilson Nesbitt Solicitors in Belfast, and Paul Gleghorne and Connor McAnallen of HNH Deal Advisory. Shoosmiths provided legal support for ThinCats.
We are delighted to add BlueBuild to the Cordovan portfolio which builds on our ‘green transition’ theme having previously invested in Solmatix (solar installation) and CEMA Lighting (LED lighting installation). BlueBuild has successfully identified insulation and solar PV as two effective, sustainable measures which enable both home and business owners to reduce energy costs and simultaneously have a positive impact on the environment. The group is at the forefront of helping deliver government sustainability policy and regulation through its primary contractor status on key frameworks in Northern Ireland and the Republic of IrelandStephen McClelland, Cordovan partner
Simon Dixon, Regional Managing Director, ThinCats said: “BlueBuild has built a fantastic reputation in the market and with this new partnership with Cordovan they are well positioned to continue their strong growth trajectory. It’s gratifying to be backing a business delivering sustainable solutions for homes and businesses in Northern Ireland, and we are excited to see them go from strength to strength. Cordovan have been the perfect partner, and we look forward to working with them on future transactions.