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Maxim FM’s acquisition trail sees turnover pass £10m mark

Maxim Facilities Management has seen its turnover pass the £10 million mark after completing two acquisitions within a month.

The Sunderland-headquartered business provides commercial contract cleaning and facilities management services to public and private sector clients, and works with a number of well-known firms and organisations including Hitachi, Pendragon plc, Quorn, Paragon Group, Gentoo and the Scottish Prison Service.

After buying up a local rival based on Tyneside in June, Maxim then acquired the cleaning division of Swindon-headquartered Gillsbrook FM Services, which also has an office in Leeds.

Maxim now employs around 1,200 people, and is continuing to work towards its goal of becoming a £20 million turnover company with around 2,000 employees within the next three years through further acquisitions.

Graham Conway, Founder and Managing Director at Maxim FM, commented: “We are already the largest independent cleaning and facilities management firm based in the North East, and these acquisitions will support our drive towards becoming a substantial national player in our industry.

“Much of our organic growth has been centred on the education sector where we’ve been able to take advantage of the trend towards outsourcing for facilities management work and have built up a strong portfolio of clients, most especially across northern England.

“Acquiring the Gillsbrook business gives us a strong foothold in the south west, adding a third regional office in an area where we believe there’s lots of potential for growing our client base, and we are continuing to look for other such strategic acquisition opportunities that we think will help take the business onto the next level.”

 

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