Project Roadster

Category:
  • Business for sale
  • Midlands
  • This position has been filled.

Project Roadster

Successful facilities management service provider

Overview

Baldwins Corporate Finance has been instructed to find a purchaser for a leading provider of facilities management services to commercial customers in the West Midlands, East Midlands and Southern Scotland.
The business has a reputation for delivering the highest standard of professional service, with a commitment to quality workmanship and exceeding customer’s expectations. This has allowed the business to secure a highly desirable blue chip client base.

Key Selling Points

  • A diverse portfolio of services provided including grounds maintenance, property maintenance, guttering, fascia and roof cleaning, window cleaning, commercial cleaning, gritting and snow removal.
  • £2m of secured future contracts with a broad range of long standing customers including:
    • Leading national property management companies
    • Industrial and retail parks
    • Local councils
    • Schools and healthcare providers
    • Prominent commercial businesses
  • Local personalised service but with the structure, health & safety standards and professional image of a much larger FM business.
  • Strong second tier management team with direct responsibility for their divisional operations and cost centres, supported by a loyal and highly professional workforce.
  • Significant growth opportunities for an acquirer through leverage of the existing customer base to cross sell additional services and expand the current offering into further regions.

Financial Highlights

FY20 (Outturn)

Turnover: £3.3m

Adj. EBITDA: £0.7m

Reason for Sale

Having established a successful business, the vendors are now seeking to realise the value they have created.

They believe an acquirer with greater resources would be well placed to maximise the untapped growth opportunities available to the company.

Next Steps

For further information please sign the online NDA below or contact:

Phil Eggleshaw

Corporate Finance Executive

+44 (0)7815 725 314

phil.eggleshaw@baldwinsgroup.com

 

For us to be able to provide you with further information, we will require you to complete the form below and agree to our non-disclosure terms, our non-disclosure agreement can be found here here


Rationale For Interest:* Management Buy-InTrade buyerVenture Capital

Anticipated source of funding:* Acquirer’s existing cash or debt facilitiesAcquirer’s new facilitiesTarget secured debt

Number of acquisitions completed in the last 5 years:*
Do you agree to the terms of the non-disclosure agreement:*

Once you have completed our online form, an email confirmation will be sent to you. Please remember to check your Junk Mail if not received.