Buyout of Associated Continuity Team Ltd
“This was a great transaction for us to work on and we very much look forward to watching the business go from strength to strength.”
We are pleased to have acted for the exiting and rolling shareholders on the £10.2m MBO of Associated Continuity Team Ltd (“ACT Clean”), backed by Connection Capital.
ACT Clean is a specialist outsourcing company providing fully managed housekeeping, cleaning and kitchen porter services to top restaurants, high end hotels, private members clubs and private hospitals. Its impressive, long term client base ranges from the Royal Household to Michelin starred restaurant groups such as Caprice Holdings (owner of The Ivy and J Sheekey) and well known hotels including Claridges, The Ritz and The Savoy.
John Stevenson, CEO of ACT Clean commented “The EMW team looked after each of us really well, guiding us through unfamiliar territory with clear, concise and pragmatic advice of the highest standard. It was great to have them on our side – they really helped make it happen.”
If you would like to find out more about this deal, please get in touch with Paul Bevington.