EBS has a rich heritage and over 50 years of industry experience in all aspects of structural repairs, stone masonry and building restoration works across Scotland. The company directors, David Sinclair and Brian Ticcioni, will work with the M Squared team to build upon the already strong foothold and extensive client base in their target markets.

The news comes at an exciting time for M Squared as the business recently celebrated its 10-year anniversary while reaching the annual revenue milestone of c.£10 million for the first time. The business is now targeting £25m in revenue by 2027 and aiming to grow the team to over 125 members via organic growth and strategic acquisitions to further expand the business’s UK footprint.

M Squared’s founder and managing director, Kerr McEwan, said: “We’re delighted to confirm our investment into such a well-respected business with a highly skilled workforce. EBS has an impressive legacy in the repairs and maintenance sector in Scotland and we can’t wait to start working alongside David and Brian to capitalise on the clear synergies between our two businesses. 

“For M Squared, this investment represents an important development as we continue to build the in-house capabilities of our team ahead of a significant period of growth expected over the next 12 months.”

EBS’ David Sinclair said: “After 30 successful years, partnering with a confident and progressive company like M Squared marks a pivotal moment for EBS. We’re confident their proven track record and shared commitment to delivering exceptional project outcomes for clients will drive our next 30 years of growth.”

EBS’ Brian Ticcioni, added: “This investment from M Squared marks a significant milestone in the long history of EBS. We are excited to work with Kerr and his team to implement a strategy that will expand our market reach and deliver our value proposition to a wider client base.”