Avoira MD acquires business from Nycomm

Avoira’s longstanding MD Andrew Roberts has acquired the company from its parent Nycomm.

Roberts has reinvested the funds secured from the sale of his Nycomm shareholding in Avoira and will remain at the helm of the business. Fellow Non-Executive Director David Bennett will step down.

Avoira currently turns over £26.5m and employs nearly 160 staff at its offices in Bury, Bristol, Leeds, London, West Lakes and Warrington.

It was initially acquired by Nycomm Holdings in 2017, joining Nimans within the group. Nycomm subsequently sold Nimans to Midwich in 2022.

Roberts said: “Beyond shareholding, nothing has changed as I will continue to lead the business and follow the path to profitable growth which has already been laid down.”

Share this story

Like