This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

MSS acquisition will lead to larger contracts

30 September 2010

MSS (Managed Support Services plc) has acquired London based technical building services specialist, ECS, for £3.2m

This acquisition is designed to strengthen further MSS’ market share and to enable the business to benefit from commercial and operational synergies. The Board of MSS has also stated that the resulting increase in scale, supported by a strong balance sheet, will enable the Group to tender successfully for larger maintenance and services contracts.
Jamie Reynolds, COO at MSS, said: “ECS is a successful and profitable operator in the same markets as MSS and the acquisition will bring improved scale to the Group. ECS has a large and diverse customer base currently generating contracted maintenance revenues in excess £3m . This contracted revenue base has grown materially in recent years and we believe that this reflects the high levels of customer service and engineering skills delivered by the company. MSS has a particularly high regard for the quality of the engineering workforce at ECS and will continue to deploy the same teams in order to preserve continuity and service levels for customers.“
ECS is a long established provider of specialist mechanical and engineering services for corporate and commercial buildings, primarily within the M25 region. The business was founded by the two vendors one of whom, Hasi Patel, will be taking a senior Group engineering role within the enlarged MSS. The current MD of ECS, Colin Campbell, is also taking a senior role in the enlarged Group.
“This latest acquisition forms part of our ongoing growth strategy to build a market-leading integrated facilities management business within the UK. It materially increases the scale of our Building Services operations as well as enhancing the Group’s revenue mix as a result of the substantial growth in contracted, maintenance revenues. It means we now have the financial resources and operating scale to compete effectively for strategic outsourcing contracts within the Building Services markets and we continue to anticipate growth in the contracted revenue base,” concludes Jamie.


Contact Details and Archive...

Print this page | E-mail this page

http://www.fsifm.com
https://www.chas.co.uk/


MOST VIEWED...

View more articles
Article image

PFM Partnership Awards 2019 winners announced

Winners of this year’s PFM Awards received their trophies last night at the spectacular evening of celebration once again held at London’s The Brewery venu...
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Finalists confirmed for PFM Awards 2019 Account Director of the Year

Following another year of high entry levels for the Account Director of the Year category, four have been selected as the 2019 finalists....
Article image

PFM Awards 2019 categories launched

Those wishing to enter the PFM Partnership Awards this year can now access all the relevant information at Read more Read later
-->
Article image

How to make working from home become a suitable workplace

The trend of employees working from home is on the rise, and it is only set to increase over the coming years due to the many benefits it provides....
Article image

Plan to reduce NHS maintenance backlog focuses on FM efficiency

Proof of the efficient operation of their estates will need to be provided to regulator NHS England and Improvement (NHSE/I), it was announced last week....
PFM