European private equity investor Duke Street has completed the acquisition of McAvoy, one of the UK and Ireland’s established providers of high‑quality modular buildings.
“Securing the backing and support of Duke Street, one of Europe’s most well‑respected investors, underscores the strength of our proposition,” said Ron Clarke, Chief Executive at McAvoy.
The acquisition represents one of Duke Street’s initial steps in modular building solutions, building on its earlier healthcare‑focused investment in Agito Medical, a provider of mobile medical imaging equipment.
Founded in 1972 and headquartered in Lisburn, Northern Ireland, McAvoy specialises in the design, manufacture and rental of premium modular buildings.
McAvoy operates from a 70,000 sqft manufacturing facility capable of producing up to 1,200 modules annually.
Under the new ownership, Duke Street says it will expand McAvoy’s rental fleet and enhance its ability to deliver premium modular buildings quickly and without a substantial upfront capital commitment from customers.
McAvoy has established a strong presence in healthcare infrastructure across the UK.
Recent projects include the delivery of a new medical assessment unit at Good Hope Hospital, designed to streamline patient flow and improve the experience for both staff and patients.
The company also completed a second modular scheme at Queen Elizabeth Hospital Birmingham, expanding capacity and providing flexible spaces to support clinical operations.
In addition, McAvoy recently delivered a specialist mammography suite, enhancing diagnostic capabilities and helping meet increased demand for imaging services.
