Facilities management firm cleans up with six-figure North East competitor acquisition
A North East facilities management firm has announced that it has acquired a local competitor in a six-figure deal.
Maxim Facilities Management, based in Sunderland, has bought Total Facilities Management (NE), which specialises in providing daily contract cleaning services for a wide range of commercial clients in Tyne & Wear, Northumberland and County Durham.
All the members of Total’s 150-strong team have been added to the Maxim workforce to take it past the 1,500 mark, with Maxim’s management team saying that it “remains open” to making further similar acquisitions.
Prior to the acquisition, Maxim had already increased its team by around 50 people in the last year, with roughly half of the overall workforce being based in the North East.
Graham Conway, founder and managing director at Maxim FM, commented: “We are already firmly established as the North East’s largest independent cleaning and facilities management firm, and bringing Total FM’s workforce and client base on board further strengthens this position.
“The business already has an impressive presence across the North East, as well as a strong team of people delivering the services their clients require, and we’re very pleased to be bringing Richard onboard to help us to build on what he and we have already achieved within the region.
“There’s no denying that this has been a very challenging year for ourselves and many of our clients, but the importance of cleaning and hygiene has clearly never been more important and we’ve been able to keep the business moving forward as a result.
“We have a strong presence in the education sector and have carried out innumerable additional school and college deep cleans this year, a trend we expect to continue for at least the next few months.
“We have ambitions to keep growing organically as economic conditions begin to settle next year and beyond, and are very much open to making further acquisitions as and when the right opportunities come up.”
Total FM founder Richard Fowler added: “Maxim has the resources and capacity to meet businesses’ contract cleaning needs in the present challenging circumstances and it makes clear sense for me, my staff and our clients to complete this deal.
“It was especially important to me that all the members of my team would be properly looked after as part of the sale of the business and Maxim made the firm commitment on this that I was looking for.
“There’s no better company in our sector in the north and it’s exciting for me to be joining a business that has clear ambitions to keep growing.”
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