FMJ Facilities Management magazine providing industry-specific intelligence to FM and property professionals
UK facilities management group Hygiacura has launched a listed bond to fund its continued expansion across the UK FM sector in what the company believes marks a “game-changing shift” in how profitable service businesses can be financed and acquired.
The bond, listed on the Vienna Stock Exchange’s MTF market from Monday 16th February 2026, carries an 8.175 per cent annual coupon and matures in December 2029, offering investors predictable income while supporting Hygiacura’s ongoing acquisition and growth strategy.
Proceeds from the bond are being used primarily to acquire and grow regional facilities management businesses across the UK, many of which are profitable but face succession challenges as long-standing owners look to retire or exit.
Hygiacura says the listing demonstrates how capital markets can increasingly replace bank lending as the primary funding route for growing mid-sized businesses, something traditionally only available to large corporations.
In a notable development, some business owners selling their companies to Hygiacura are now accepting part of their sale proceeds in the company’s listed bonds rather than solely cash payments. This allows sellers to continue benefiting from future group growth through regular income while reducing pressure on acquisition funding.
Sacha Jakovljevich, Director of Hygiacura Finance, said: “For decades, growing businesses have been constrained by bank lending limits, even when they are profitable and have strong customer bases. We believe this model changes that.
“This isn’t just a bond issue. It shows how capital markets can fund expansion and ownership transitions for mid-sized businesses in a way that benefits investors, sellers and the businesses themselves.”
Demand for outsourced facilities management services continues to grow as organisations increasingly rely on specialist providers for cleaning, maintenance and infrastructure support, creating opportunities for well-capitalised operators to scale nationally.
Jakovljevich added: “Business owners selling to us are often keen to see their companies continue to grow. By accepting bonds as part of consideration, some sellers effectively stay invested in that future success while gaining predictable income. It’s a funding structure that works for all parties.”
Hygiacura expects further acquisitions and expansion across the UK facilities management sector over the coming year as part of its consolidation strategy.
