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Merger creates £30m FM service provider

09 May 2018

Two specialist service providers, based in Leeds and Manchester, have merged following a capital investment of £5.5m to form the NSS Group.

Nationwide Window Cleaning (NWC) and High Access Maintenance have joined forces, creating a business with a turnover of £30m.

The group chief executive officer role will be occupied by Niel Bethell of High Access, while Thornton Tasker, from NWC, will be the new group's executive chairman.

Both companies involved in the merger have enjoyed "significant growth in recent years", according to the announcement of the deal.

Leeds-based NWC has recorded a £10m increase in revenue, opened a new head office and regional base while completing three acquisitions that has seen its staff numbers grow to 320 in recent years.

High Access, based in Manchester, has also completed acquisitions, including Scotland-based Outreach Access and AA Access since 2016, to increase its range of building, roof and gutter maintenance services and high access machinery hire options.

Benefits of the new arrangement will include enhanced coverage and access to a broad service offering, ranging from high-level property maintenance to specialist machinery hire.

Financial provider BGF provided the £5.5m funding and is a minority partner in the new organisation.

It has provided nearly £16.5m of investment to the two brands, which will retain their identities within the group, over six rounds of funding.

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