TORONTO and LONDON, September 21, 2020 — BGIS and Optimum today announced that they have entered into a definitive agreement under which BGIS will acquire Optimum, a leading 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 support and enable BGIS’s growth in the UK and broader European markets. Founder John Crehan and partner James Moore will continue with BGIS in strategic advisory capacities.
Leading the global real estate industry with innovative outsourcing and fully integrated solutions since 1992, BGIS provides a full spectrum of customized 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 more than 7,500 employees globally, BGIS manages more than 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 Mr. Hicks.
BGIS is on a mission to create a global, technically 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 portfolios 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 organizations that are increasingly looking for BGIS to support them in the UK and broader Europe.”
“BGIS is a tremendous fit for Optimum. We share the same passion for our people and for exceptional customer service that is uniquely tailored to the needs of individual customers,” said John Crehan, Optimum Founder and Chairman. “I couldn’t be more pleased with BGIS as a home for the Optimum family.”
“Being part of the BGIS team creates exceptional opportunities for Optimum’s employees to grow and develop their careers while also enabling Optimum to offer additional services and capabilities to our customers and the market,” added Stewart Collier, CEO of Optimum.
The transaction is expected to close within 60 days, subject to customary closing conditions.
BGIS is a global leader in the provision of facility management, project delivery, energy & sustainability, asset management, workplace advisory, and real estate services. With a combined team of more than 7,500 employees globally, BGIS relentlessly focuses on delivering innovative service solutions that create value for its clients. Globally, BGIS manages more than 35,000 facilities totaling more than 400 million square feet across several markets including Cloud Enterprise, Financial Services, Telecommunications, Government, Higher Education, Utilities, Oil & Gas, and Healthcare. In addition to managing a diverse portfolio of corporate offices, retail, colleges, hospitals and industrial assets, BGIS is a world leader in the management of data centres and other critical environments. For more information about BGIS please visit www.bgis.com.
Optimum Group Services Ltd (Optimum) is a leader in the provision of hard FM building services within the UK. Founded in 1989, Optimum has built its business by providing best in class digital-led maintenance solutions throughout the Corporate, Real Estate and Data Centre markets in the UK. Optimum is proud to work in true partnership with its customers and the team of 500 highly-skilled professionals deliver next level solutions to more than 200 locations nationally. Optimum’s core values of Visibility, Responsiveness and Trust are at the forefront of Optimum's business strategy, which is demonstrated through unrivalled responses, actions and solutions to all technical challenges. Optimum evolves with each of its customers to create a bespoke approach to maintenance and project delivery. For more information about Optimum, please visit www.weareoptimum.com.
Marketing and Communications, BGIS
Head of Sales and Marketing, Optimum Group Services
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