He will become managing director and will be joined by fellow directors Arnold Breslin, John Farrier, Jim Tough and Chris Seamarks. Brain Pallard has been appointed non-executive chairman.
Tripod co-founder Eugene McTaggart will maintain a shareholding and will continue to work for the firm as a consultant.
Nottingham-based Tripod is the UK's largest provider of road-surfacing labour, and is also the country's biggest road-planning operation. The firm's clients include Balfour Beatty and Tarmac. Tripod also has scaffolding, groundwork and refurbishment divisions.
NatWest Development Capital provided £5.4m cash, and the Bank of Scotland contributed £12m through debt and working capital facilities.
KPMG acted as advisers to the deal and arranged the financial backing for the management team.
