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.

Management buyout at Arcus FM includes independence from Sainsburys

07 February 2020

Strategic investment has been secured to fund the management buyout of Arcus FM as the company seeks to further extend its £150m turnover business.

Having been formed in 2009 as a joint venture with supermarket Sainsburys, the company is now aiming to become independent of its retail partner.

It has established a reputation for the provision of bespoke FM services through the application of technology-led solutions and has enjoyed significant growth over the last decade.

In addition to its activities in the retail sector, the company also provides services to clients operating in the areas of logistics and public sector.

The securing of an investment from ESO Capital is intended to fund additional activities including technology development, training and innovation within the business.

Although it is seeking independence from Sainsburys, the company has also stated that it will seek to build further on its strong relationship with the retailer.

Arcus FM received advice from the BDO FM M&A team to support the management buyout process, leading to its chief executive officer Chris Green stating: "There were many unexpected twists and turns along the route and the BDO team continued to provide solutions throughout the process and demonstrated a very positive attitude to getting the deal done."

BDO managing director and head of FM M&A Satvir Bungar said: "This is a genuine milestone transaction and we're pleased that our deep sector expertise within FM and breadth of experience supporting fast-growth, entrepreneurial companies meant we were appointed to advise Arcus FM on the deal."


Print this page | E-mail this page

https://www.fsifm.com/en-gb/
http://edition.pagesuite-professional.co.uk/Launch.aspx?EID=1c0b144b-6cef-4e1a-b417-5ca36196288a


MOST VIEWED...

View more articles
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

Understanding contract costs

Paul Smith sheds light on management fee and catering overhead costs included in catering contracts...
Article image

Change in UK FM market charted by RICS study

Headline results from the latest UK FM market study by RICS shows that demand for healthcare services has increased considerably, with the opposite effect ...
Article image

Applications open for Young FM Award

Entries are being invited to the Pattenmakers Young Facilities Manager Award for the 2021 trophy....
Article image

Certified membership launched by BIFM

BIFM has announced a streamlined membership structure that recognizes academic achievement and formally recognises the BIFM's professionally qualified me...

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...