Manchester consultant sells up to management

By Hamish Champ2018-05-08T06:00:00

Source: Alan Williams

AA Projects founder Paul Allen will remain as chairman following MBO

AA Projects’ managing director Kenneth Wood has led a management buyout of the Manchester-based consultancy, with founder Paul Allen selling his majority shareholding in the group.

Having started his career as a graduate surveyor at Bucknall Austin in 1987, Allen (pictured right, with Wood) founded AA Projects in 1999. He will remain chairman following the buyout.

Longstanding directors Niall Wright and Kevin McEvoy have also sold their interest in the firm to the Wood-led team.

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