Wed, 04 Dec 2024 | BUSINESS SALE
Facilities management firm OCS has sealed its fifth acquisition in the UK over the last 12 months with the purchase of FES FM and FES Support Services from Forth Holdings.
The move will double the size of OCS’s Hard Services division, creating a combined entity with more than 4,000 engineers and annual revenues of over £600 million.
Forth Holdings is a privately owned family business founded in 1963. Located in Stirling, its subsidiaries FES FM and FES Support Services deliver services to both private and public sector customers.
Its work includes installing solar panels at wastewater treatment works and advanced communications systems at shopping centres.
"The companies exceptional track record in Hard Services, combined with longstanding customer relationships and regional strength, makes them an ideal fit for OCS as we look to expand our own Hard Services division,” said Daniel Dickson, OCS chief executive UK & Ireland. "This acquisition not only enhances our offering but also provides us with the scale and resources needed to compete for the UK’s largest hard services and TFM contracts. Importantly, it remains very much business as usual for all FES customers, ensuring a seamless transition and uninterrupted service."
OCS Group chief executive Rob Legge said the acquisition marked a "significant milestone" in the firm's growth strategy. The company highlighted FES Support Services leadership in energy and decarbonisation projects.
He said: "It enhances our ability to deliver larger and more complex projects, positioning us to serve our customers even better, and is another step towards our vision of becoming the best facilities services provider in the world, ensuring we continue to deliver the best outcomes for our customers."
The deal follows OCS’s recent acquisitions of Exclusive Services Group, Accuro, Abate Pest Management and Profile Security Services.
Paul Lowe, chief executive of Forth Holdings, added: "FES FM and FES Support Services have flourished within Forth Holdings Limited and we are confident that under OCS’s leadership, the businesses will continue to grow and deliver exceptional services to its customers.”
Find out more about how corporate compounding can help your business grow
This is a chance to acquire a longstanding and reputable manufacturer of modern concrete garages, with roots dating back to the 1940s.
This well-established haulage company in West Yorkshire offers a strategic location with easy access to major motorway links and a strong, loyal client base developed over 20 years.
This is a rare opportunity to acquire this thriving motor vehicle repair, MOT, and service centre. This professionally run business currently provides the majority of its services to private customers with a small amount of commercial work, which pro...
04
|
Apr
|
WPP buys data collaboration platform InfoSum | BUSINESS SALE
WPP has bought data collaboration platform InfoSum to boost ...
03
|
Apr
|
Cambrian Training Group chooses employee ownership | BUSINESS SALE
Cambrian Training Group is celebrating its 30th birthday by ...
03
|
Apr
|
Mobeus sells investment in Star Brands after boosting EBITDA by 15X | BUSINESS SALE
Equity investor Mobeus has sold its investment in Star Brand...
10
|
Dec
|
Danish software group Omnidocs enters UK with M&A deal | BUSINESS SALE
Danish software firm Omnidocs has expanded into the UK with ...
26
|
Jan
|
Fountains Group goes into administration | ADMINISTRATION
Fountains Group, a major council contractor, has gone into a...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.