A leading provider of facilities management solutions and property maintenance is seeking acquisitions.
The business provides a complete suite of minor works through to full ongoing maintenance and service, including cost management and a 24/7 help desk.
It operates in a range of markets with a demonstrable track record of working with clients in retail, hotels and commercial property. The company has a strong management team in place, is based in the UK and has funds available for acquisition.
Acquisition targets include services businesses with recurring revenue contracts. The company is particularly interested in technical building services and white collar compliance businesses such as Health & Safety monitoring, statutory testing and environmental/energy consulting. It is looking for UK businesses contributing £3-£6m EBIT.
It is also interested in smaller businesses (of any size) providing such services as fire alarm and security maintenance that can be readily scaled up to a national services.
The management team is not interested in contracting and shopfitting businesses focusing on one-off contract/project work or soft service businesses such as janitorial, mailroom, cleaning etc.
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