BGIS, a leading provider of technically led facilities management services, is pleased to announce the acquisition of Briggs & Forrester Building Services Maintenance (BSM), a division of Briggs & Forrester Group. The acquisition of BSM, a well-established national Mechanical & Electrical building services maintenance provider marks a significant milestone in BGIS’ commitment to providing best in class delivery within the UK.
This acquisition will enable BGIS to further strengthen its position, through offering an expansion of technical services to meet the evolving needs of our clients. BSM’s expertise in mobile services, HVAC, combustion and specialist electrical services, will enable BGIS to provide highly skilled, technical capabilities across a broader geography.
“BSM has a strong reputation of delivering quality national mobile and specialist services to its customers”
said Gary Bullen, UK President BGIS.
“This acquisition is an exciting step forward for our commitment to our customers through the addition of 100+ highly capable, effective and responsive engineers with a strong support team.”
Paul Burton, Chairman & CEO, Briggs & Forrester Group said:
“The sale of BSM follows a 5-year period of strategic change in which BSM has grown significantly, providing a consistent high level of performance. Clear synergy was evident with BGIS and we are mutually aligned with an employee focused ethos. The sale provides BSM with new ownership and investment to move the business forward further, whilst Briggs & Forrester Group will concentrate on its core contracting activities across the UK, with a stronger balance sheet that will support investment within the Group.”
A corporate finance team from Dow Schofield Watts led by Ryan Shields and Fahim Kassam worked closely with lawyers from Howes Percival, led by Matthew Thompson, to advise Briggs & Forrester Group on the sale of BSM.
BGIS was advised by a legal team from RPC, led by Jeremy Cunningham.
Ryan Shields, Partner, DSW said:
“We are very proud to have advised on the successful sale of BSM to BGIS. From the outset, it was evident that there was a real cultural alignment between the two organisations and that BGIS’s global expertise and commitment to excellence made it the perfect new owner for BSM.
“It has been a privilege to support this transaction, which highlights our expertise in the built environment sector. We look forward to seeing the combined group capitalise on its strengths to achieve even greater success in the future.”
BGIS is a technology-enabled global integrated facilities management provider focused on delivering disruptive business solutions to its clients through a culture of caring, innovation and high-performance. With a rich engineering background, a commitment to sustainability and service excellence, BGIS ensures that its clients’ real estate assets are operating optimally to support the people who use them. With an entrepreneurial spirit, BGIS works in partnership with its clients to bring forth success through innovative ideas and solutions, delivering real results that drive their objectives and businesses forward. For additional information, please visit www.bgis.com.
