Diamond Facilities Support Group Founders Complete Purchase of 100% Shareholding 

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• Diamond Facilities Support Group Founders Complete Purchase of 100% Shareholding 

01 February 2024

Adam Atkins and Helen Cooper, the founders of Diamond Facilities Support Group, now own a 100 per cent stake in the business as it reaches its 14th anniversary.

Coat Holdings Limited, which is owned by Adam and Helen, has purchased a 56 per cent stake in Diamond Facilities Support Group, which takes their shared ownership to 100 per cent. Adam and Helen initially held the other 44 per cent since forming the business.

The two founders now own 50 per cent of the company each. The additional equity was purchased from investor John Gray for an undisclosed sum.

Diamond Facilities Support Group was founded as a start-up and has grown to £15 million turnover FM business, employing around 185 members of staff nationwide.

Adam and Helen attribute their success to their direct labour model for 90 per cent of their services, as well as the creation of other subsidiary businesses that sit within the group: drainage business Jet Through, roofing firm Nationwide Roofing Repairs, cleaning business Nationwide Property Clean, fire and security company Sanctuary and FM specialist product supply brand Purcho.

 

“To be in this position 14 years on from starting the business with a graffitied desk we dragged up from the cellar and two mobile phones is a magnificent achievement."

–Helen Cooper

Managing Director, Diamond Facilities Support Group

 

Adam said: “We’d like to place on record our thanks to John – as his initial financial support back in 2010 gave us the precious time needed to lay the foundations for the business to be able to serve clients and build our reputation - from renting office space through to employing staff and ordering equipment.

“Unlike many other FM businesses, around 90 per cent of the services we provide are delivered by our own staff, which has played a core role in our organic growth over the years as we have been able to maintain a high level of service, which has resulted in referrals landing around 50 per cent of our new business.”

Helen added: “To be in this position 14 years on from starting the business with a graffitied desk we dragged up from the cellar and two mobile phones is a magnificent achievement.

“While Adam and I have been adept at spotting and capitalising on growth opportunities over the years, we would not have succeeded without the talented and hard-working team on which our reputation is built.

“Even though we are only 14 years old as a business, we already have a 'ten year club' to celebrate people’s long-service, which shows the great staff loyalty we have fostered, which is reflected in the consistently high service we provide to businesses across the UK.

“Our attention is now turning to expand the business even further by growing our workforce across the group to around 250 over the next three years, as well as bringing some of the minority of FM services that we currently sub-contract in-house.”     

The Group aims to hit £30 million of annual turnover by 2027.

Picture: a photograph of (from left to right) Adam Atkins and Helen Cooper seated at a desk. Image Credit: Diamond Facilities Support Service

Article written by Ella Tansley | Published 01 February 2024

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