Grant Thornton advises Axis Group Integrated Services Limited Axis Group Integrated Services Limited has been sold to Bidvest Noonan

February 2021
Axis Group
Bidvest Noonan
Adviser to Axis Group on their sale to Bidvest Noonan
£undisclosed
Grant Thornton team
  • Usman Malik
    Usman Malik
    Head of Business services, Corporate Finance Advisory
Facilities management
Sell side
Corporate finance
UK

We are delighted to have advised Axis Group on their sale to Bidvest Noonan.

Axis is a national facilities management specialist with strong presence in London and south-east region, providing security, cleaning, front of house and support services to a diverse range of blue-chip customers. 

Our corporate finance advisory team provided project management, financial analysis and assistance and negotiation of the key commercial elements of the transaction. This ensured there was no value leakage and that the transaction was managed smoothly, completing within two months from granting exclusivity. 

We utilised our strong international network and sector knowledge to target a shortlist of international buyers within the facilities management sector to approach trade parties that could unlock strong synergistic value. 

We ensured we worked diligently with the management team to allow us to identify and unlock value accretive equity components to enhance shareholder value. 

Our strong relationships with Bidvest meant we were able to streamline our approach, managing conversations and negotiations directly and accelerating the process to completion. 

Testimonial

We want to thank the Grant Thornton M&A team for their invaluable support. Grant Thornton’s strong sector knowledge and existing relationship with international buyers within the facilities management sector allowed for a highly efficient & successful transaction.

Jonathan Levine Group CEO, Axis Group Integrated Services Limited

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