Canada-based BGIS has entered a definitive agreement to acquire Optimum, a UK building services provider.
Optimum’s Chief Executive Officer, Stewart Collier, and the entire management and leadership team of Optimum will remain in place and work with BGIS to enable BGIS growth in the UK and broader Europe. Founder John Crehan and Partner James Moore are to continue with BGIS in strategic advisory capacity.
Leading the global real estate industry with innovative outsourcing and fully integrated solutions since 1992, BGIS provides a full spectrum of customised facility management services, project delivery services, energy and sustainability solutions, asset management, workplace advisory and management, and real estate services to real estate and infrastructure owners and occupiers.
Supported by a team of over 7,500 globally, the Company manages over 400 million square feet of client portfolios across more than 35,000 locations in North America, Australia, and Europe.
“We have been very impressed with the Optimum business, and in particular their people, culture and values,” said Gordon Hicks, CEO of BGIS. “BGIS has developed into a world class Integrated Facility Management Services business by always putting the interests of our customers and communities first, constantly innovating and searching for new opportunities to create value for all stakeholders, and implementing sustainable operating practices that contribute to creating a better world. Optimum is the perfect complement to BGIS in the UK and beyond,” added Hicks.
BGIS says it is on a mission to create a global, engineering-led, pure play Integrated Facility Management (IFM) business. As IFM is our core business, all of our investment and expansion efforts are focused on Facilities Management with an emphasis on customers and portfolio’s where their real estate is a critical revenue generating asset said Mark Marquis, President, BGIS US and Europe.
“We are excited to have Stewart and the entire Optimum team join BGIS and partner with us to serve both local and multinational organisations who are increasingly looking for BGIS to support them in the UK and broader Europe.”
The transaction is expected to close within 60 days, subject to customary closing conditions.
