We are delighted to have advised Just Ask Estate Services on their acquisition of BBCS and PTCS.
Just Ask Estate Services is a market leading provider of cleaning and grounds maintenance services to the social housing sector. Management identified two acquisition opportunities that would provide the business with reference ability in other end sectors, increasing the size of its core addressable market and headroom for growth.
We were appointed to project manage the acquisitions to completion after demonstrating a strong understanding of the facilities management sector and deal execution credentials.
We provided an integrated, one team approach encompassing corporate finance advisory and financial modelling services. This also included coordinating and working closely with the diligence providers and lawyers to ensure a smooth transaction process and robust protections in commercial terms and the acquisition documents.
These acquisitions have clearly met Just Ask’s acquisition strategy and have nearly tripled the size of the business. Grant Thornton’s deep sector knowledge and process execution skills contributed to the delivery of an excellent result for all stakeholders. Their support and tight management of the process was outstanding and we could not have achieved the result we did without them.Tom Redpath Investment Director, Bridges Fund Management, Investor of Just Ask Estate Services