Turn Croft Group Acquires Lakethorne Limited

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30 April 2024

Investment firm Turn Croft Group has acquired FM company Lakethorne Limited.

Lakethorne Limited is a soft services provider covering London and the South East. Established in 1985, Lakethorne works across commercial environments such as offices, retail spaces, and industrial facilities.

Under its new ownership, Lakethorne Limited will have the opportunity to expand its service portfolio, explore new markets, and deliver even greater value to its clients.

"We are thrilled to welcome Lakethorne Limited as our first acquisition as we look to add further volume and services through more acquisitions," said Richard Chappell of Turn Croft Group Limited who will become Chair of Lakethorne Limited. 

"Lakethorne's dedication to excellence and client satisfaction perfectly aligns with our values. Together, we are committed to driving innovation and delivering best-in-class Facilities Management solutions to our clients."

"We are excited about the opportunities that lie ahead as part of Turn Croft Group Limited," added Chaz Gill, Director of Lakethorne Limited. "This acquisition opens up new avenues for us to expand our service offerings, enhance our capabilities, and better serve our clients. Together with Turn Croft Group Limited, we will continue to raise the bar for excellence in Facilities Management."

Picture: a photograph of two people, one signing a piece of paper with a pen. Image Credit: Pexels

Article written by Ella Tansley | Published 30 April 2024

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