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Friday, 21 February

Arcus Secures Strategic Investment From ESO Capital

Arcus secures strategic investment from ESO Capital

FM company Arcus will become independent from Sainsbury’s, whilst continuing to provide FM services for its longest-serving client. 

This new investment is the next phase of Arcus’ growth, led by majority shareowners Chris Green and Steve Willis, who shall continue to lead the firm alongside ESO Capital.

 

 Next phase of growth

 

Chris Green, CEO at Arcus, commented: “This is a very exciting time for Arcus. Our company is growing rapidly so it was important for us to join forces with a reliable investor who shares our long-term vision, and this partnership will allow us to accelerate our expansion within the FM industry.”

"Our company is growing rapidly so it was important for us to join forces with a reliable investor who shares our long-term vision, and this partnership will allow us to accelerate our expansion within the FM industry.”

–Chris Green

CEO, Arcus

The UK based organisation will continue to develop its long-term relationship with Sainsbury’s and together, the companies will now embark on their next strategy phase.

New appointments

 

Chris Green will oversee the operational part of the business and Steve Willis will take on the role of Chief Strategy Officer, supervising the implementation of the business strategy across the organisation. Having delivered on his ambition to bring new investment into the business, Neil Pearce, Chief Financial Officer, will be replaced by Paul Knight from AIA Worldwide.

Arcus currently provides facilities management and technology-led solutions for clients in retail, logistics and public sector across the UK.

David Steel, Director, ESO Capital, commented: “At over £150m of revenues and growing at an impressive rate, Arcus is already a very successful business led by an experienced management team. We are particularly impressed with the Arcus technology, especially the Helix integration platform, which has been specially developed in-house over a number of years. Given our experience in supporting high growth companies, we see considerable opportunity for ESO Capital to support the management team of Arcus as it looks to build its market share in this very interesting sector. Our investment in Arcus, which sits senior in the capital structure, is typical of the type of investment that ESO Capital is pursuing in the UK and northern European markets.”

Picture: Arcus secures strategic investment from ESO Capital

Article written by Ella Tansley

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