Arcus FM secures strategic investment from ESO Capital
Award-winning facilities management company, Arcus, secures strategic investment from ESO Capital.
As part of the transaction, Arcus will become independent from Sainsbury’s, while continuing to provide FM services for its longest-serving client. Majority shareowners Chris Green and Steve Willis continuing to lead the firm through its next phase of growth, alongside ESO Capital.
Arcus has undergone substantial growth over the last decade and this new influx of capital will be used to build on this momentum and enhance its development in technology, training and innovation. This new investment is the next phase of Arcus’ growth as it works in partnership with ESO Capital to unlock its full potential.
Chris Green, CEO for Arcus, commented: “This is a very exciting time for Arcus. Our company is growing rapidly so it was important for us to join forces with a reliable investor who shares our long-term vision, and this partnership will allow us to accelerate our expansion within the FM industry.”
The UK based organisation will continue to develop its long-term relationship with Sainsbury’s and together, the companies now embark on their next strategy phase.
Chris Green, Chief Executive Officer, (CEO) will oversee the operational part of the business and Steve Willis will take on the role of Chief Strategy Officer, overseeing the implementation of the business strategy across the organisation. Having delivered on his ambition to bring new investment into the business, Neil Pearce, Chief Financial Officer, (CFO), will move onto pastures new and we will be welcoming Paul Knight, from AIA Worldwide, who will join Arcus as the new CFO.
Founded in 2009 and led by Chris Green, CEO, and Steve Willis, CSO, Arcus currently provides facilities management and technology-led solutions for clients in retail, logistics and public sector across the UK.
David Steel, Director, ESO Capital, commented: “At over £150m of revenues and growing at an impressive rate, Arcus is already a very successful business led by an experienced management team. We are particularly impressed with the Arcus technology, especially the Helix integration platform, which has been specially developed in-house over a number of years. Given our experience in supporting high growth companies, we see considerable opportunity for ESO Capital to support the management team of Arcus as it looks to build its market share in this very interesting sector. Our investment in Arcus, which sits senior in the capital structure, is typical of the type of investment that ESO Capital is pursuing in the UK and northern European markets.”
