Announced
Financials
Tags
Majority
Single Bidder
Integrated FM
United States
specialist cleaning
Acquisition
Domestic
Private Equity
Friendly
security
corporate guarding
Private
Pending
planned maintenance
Synopsis
Bidvest Noonan, a provider for services such as security, cleaning, front-of-house and ancillary services, agreed to acquire Cordant Services, a facilities management services provider, from Twenty20 Capital, a private equity firm. Financial terms were not disclosed. "This is a landmark moment for Bidvest Noonan and Cordant Services, as together we will deliver even greater support and value to our clients and create more opportunities for our people. It cements Bidvest Noonan’s position as a leading provider of security, cleaning and support services in the UK, with a significantly enhanced footprint, capability and expertise to deliver the highest standards of services to clients across a wide range of sectors and industries," Declan Doyle, Bidvest Noonan CEO.
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