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Announced

Completed

Bidvest Noonan completed a £18m investment in Axis Group.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

facility services

Domestic

Friendly

Integrated FM

Private

United Kingdom

Majority

Single Bidder

Synopsis

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Bidvest Noonan, a provider of outsourced services, completed a £18m investment in Axis Group, a facilities services business. "This investment substantially strengthens our business, adding to our scale, expertise and infrastructure. It will allow us to provide greater value and support to all current and future clients," Bidvest Noonan.

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