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- Bellrock Joins Forces With Sun European Partners
04 November 2021
Bellrock Property & Facilities Management is to partner with Sun European Partners, LLP to accelerate future growth.
Bellrock Property & Facilities Management Limited, a provider of specialist risk-focused workplace & property management solutions in the UK, has secured new ownership and backing from Sun European Partners.
Sun European is a private investment advisory firm that focuses on defensible businesses in growing markets.
Supportive Capital Investment From Horizon Capital
During Horizon Capital’s ownership, Bellrock has seen its revenues quadruple to over £160m. In addition to organic growth, the acquisition of 11 add-on companies has built scale, depth in new sectors and geographic reach while broadening Bellrock’s capability set and adding strength to its technology offering.
The transformation has been underpinned by continuous investment in Concerto, Bellrock’s project management software.
David Smith, Chief Executive Office of Bellrock Property & Facilities Management said:
”We are very excited to be partnering with Sun European Partners, giving us the opportunity to accelerate growth, focusing on key market challenges around sustainability and carbon net-zero, whilst continuing our investment in disruptive technologies such as advanced automation and data analytics. Sun European Partners has an excellent track record of driving growth within its portfolio companies, leveraging its operational experience to support defensible businesses which makes them the ideal partner for us.
"I would like to thank Horizon Capital, who through our journey together, have helped us deliver, expand, and evolve Bellrock into the market-leader it is today. We are proud to offer the FM market a differentiated proposition challenging the traditional low service FM delivery model.”
”We are very excited to be partnering with Bellrock and continue its excellent track record of organic growth as well as its buy and build strategy. They have a highly experienced management team with a proven track record of integrating acquisitions and gaining market share through their proprietary software offering," added Paul Daccus, Managing Director, Sun European Partners.
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Article written by Ella Tansley | Published 04 November 2021
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