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Jones FM Acquires Funding From Thincats

Jones FM Acquires Funding From Thincats
30 April 2021
 

Jones FM, the London-based facilities management company, has been supported with a share buyback funding package by finance provider ThinCats.

Experiencing significant growth over the last nine years, Jones FM now employs over 100 employees across 44 blue-chip real-estate sites throughout London and the South. 

The team manage numerous engineering services across the commercial sector, including planned and reactive mechanical and electrical maintenance, fabric maintenance, project support drainage systems and energy management. Recent projects include M&E maintenance at 160 Queen Victoria Street and static maintenance at 20 Old Bailey.

The company has won a number of awards in recent years including "Best Customer Focus," through the National Business Awards and "Best Business," in the Dartford & Gravesham awards.

 

Image

Picture: a photograph of the Jones FM logo

 

The business was introduced to Thincats by Roger Fenwick at Mantra Capital, London-based financial consultancy firm.

Chris Jones, CEO, Jones FM commented: “The business has grown considerably over the past few years. We have been very successful at winning new contracts by maintaining strong relationships, and are focused towards organic growth to continue to win new business.  It is an exciting time for us, and we thank ThinCats and Mantra Capital for believing in our business and supporting us in this way.”

Roger Fenwick, Managing Director, Mantra Capital added: “It has been a pleasure to work with both businesses in putting together the funding to complete the acquisition of the already successful Jones FM business and to being able to start it on the next exciting stage of its journey.”

Stuart Thompson, Director, Regional Business Development, ThinCats added: “Chris has a wealth of experience within this industry, and the team has demonstrated an admirable ability to build on their impressive reputation to grow their client base, which bodes extremely well for the future.  We wish them every success.”

Picture: a photograph of some skyscraper buildings

Article written by Ella Tansley | Published 30 April 2021

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