Housing association, The Hyde Group, has acquired national provider of housing and community-facing neighbourhood services, Pinnacle Group and its subsidiaries for an undisclosed sum. The acquisition, says Hyde is a fundamental enabler of its strategy to transform itself into a ...
Read More »Acquisition sees Hygiacura further expand its FM portfolio
Facilities management firm, Hygiacura Group, has acquired the business and assets of First Point Cleaning and Maintenance Limited. Headquartered in Kidderminster and led by Director Adrian Anghel, First Point Cleaning specialises in commercial cleaning and maintenance, serving a diverse range of ...
Read More »Workplace and built environment responds to a ‘tough’ Autumn budget
Chancellor Rachel Reeves vowed yesterday to ‘restore stability to our country again’ by stabilising the UK’s finances while also rebuilding public services. However, industry commentators within the built environment described the budget as ‘a tough one for business’, due to ...
Read More »United Living Group acquires PiLON
United Living Group, a provider of infrastructure, affordable housing, property services, and telecoms, has acquired PiLON, a leading property services business operating in the social housing sector. Established 20 years ago, PiLON specialises in planned maintenance, compliance and refurbishment of ...
Read More »VINCI expands UK presence with FM Conway acquisition
VINCI Construction has announced an agreement to acquire UK public works company, FM Conway Limited. Based in Sevenoaks, Kent, FM Conway was founded in 1961 by Francis Michael Conway, and is owned by the Conway family. The company’s expertise encompasses roadworks, ...
Read More »Infraspeak closes €18M Series B financing to enable global collaboration in FM
Infraspeak, an intelligent platform for facilities management, has raised €18 million in a Series B funding round led by growth capital investor Endeit Capital. This investment will fuel Infraspeak’s ambitious growth plans, solidifying its position as “the European, Latin American, ...
Read More »Spotless acquires hospitality sector cleaning specialist
Edinburgh-headquartered Spotless Commercial Cleaning has acquired South East England-based hospitality sector cleaning specialist, Fluid Hygiene (FH), in a move which will see Spotless’ annual revenues grow to over £34 million. Located in New Malden, Surrey, FH was set up in ...
Read More »Sodexo delivers a ‘strong set of numbers’ for FY24
Sodexo’s Full Year Group Results for Fiscal 2024 report a strong financial delivery in a year of structural transformation for the food services and facilities management company. Group revenues increased +5.1% year-on-year driven by organic growth of +7.9%. The year benefited ...
Read More »Mitie acquires Argus Fire
Mitie Group has grown its position as a leading operator in the high-growth, high-margin UK fire & security market, with its acquisition of Argus Fire, a UK engineering-led fire systems business, for a total consideration of £38 million. Argus Fire ...
Read More »Ranger Fire and Security kick starts European expansion with acquisition
Ranger Fire and Security has completed its acquisition of Dublin-based kitchen and gas fire suppression company, KSS Fire Suppression. The acquisition marks Ranger’s first expansion beyond the UK and into Europe, whilst simultaneously broadening out the Group’s offering. Ranger states ...
Read More »