M&A Deal Summary

Mitie Group Acquires Interserve - Support Services Division

On June 25, 2020, Mitie Group acquired business services company Interserve - Support Services Division from Interserve for 271M GBP

Acquisition Highlights
  • This is Mitie Group’s 7th transaction in the Business Services sector.
  • This is Mitie Group’s largest (disclosed) transaction.
  • This is Mitie Group’s 10th transaction in the United Kingdom.

M&A Deal Summary
Date 2020-06-25
Target Interserve - Support Services Division
Sector Business Services
Buyer(s) Mitie Group
Sellers(s) Interserve
Deal Type Divestiture
Deal Value 271M GBP

Target

Interserve - Support Services Division

Reading, United Kingdom
Interserve plc - Support Services Division is a provider of foremost support services to clients from the public and private sectors.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Mitie Group

London, United Kingdom
Category Company
Founded 1936
Sector Business Services
Employees68,145
Revenue 4.4B GBP (2024)
DESCRIPTION

Mitie Group provides maintenance, management, servicing, and improvement of buildings and infrastructure for its customers in U.K. Mitie Group was founded in 1936 and is based in London, England.

DEAL STATS #
Overall 11 of 16
Sector (Business Services) 7 of 9
Type (Divestiture) 2 of 2
Country (United Kingdom) 10 of 15
Year (2020) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-19 Mitie Group - Gather & Gather and Creativevents

Bristol, United Kingdom

Mitie Group plc - Gather & Gather and Creativevents has a strong reputation in the industry built up through an established workplace and event catering business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Rock Power Connections

Worcester, United Kingdom

Rock Power Connections is an Independent Connection Provider, specializing in the design and installation of new high voltage electricity supplies, the renewal of electrical assets up to 132kV, and electric vehicle (EV) charge points. Rock Power Connections is based in Worcester, United Kingdom.

Buy -

Seller(S) 1

SELLER

Interserve

Reading, United Kingdom
Category Company
Founded 1884
Sector Business Services
Employees80,000
Revenue 3.2B GBP (2015)
DESCRIPTION

Interserve is a foremost support service and construction company, operating in the public and private sectors in the UK and internationally. It offers advice, design, construction, equipment, facilities management, and front-line public services. Interserve was formed in 1884 and is based in Reading, United Kingdom.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2020) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-19 Employment & Skills Group

Sheffield, United Kingdom

Employment & Skills Group is a provider of training services in the areas of Employment and skills for businesses and individuals.

Buy £25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-04 Realise

Sheffield, United Kingdom

Realise is a large apprenticeship provider supporting over 7,000 learners across a number of sectors including Childcare, Health and Social Care, Transport and Business skills. The business employs over 300 people, provides learning, education and employment services through apprenticeships and adult education services to support businesses across the country to inspire and develop talent. Realise was founded in 1988 and is based in Sheffield, United Kingdom.

Sell -
Mergr

Product

Company

Legal