FACILITIES AND ENGINEERING SERVICES IN 2024: THE MARKET OUTLOOK AND COMMERCIAL TRENDS

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Global Energy & Facilities Services Company Disposed of £1.5 Billion Facilities Management Joint Venture to Public Sector.

Industry:
Facilities Management, Central Government, Logistics, Manufacturing.

Services:
Project Management, Mobilisation, Commercial, Finance, Contract Signature, TUPE, Lease.

The Client:
Europe’s leading Energy and FM services provider . Its range of services include security, catering, cleaning, landscape management as well as heating and ventilation, fluid management and power.

The Challenge:
The deal started mid-2015, the complexity of the deal warrantied a hands-on role to expedite operational and commercial lead for project closure in Q3 2015.

The Solution:
In addition to taking the mobilisation role, our senior consultant Baskar, managed a team of 12 internal team members, He also led the successful operational and commercial due diligence of the contract consolidating IT, Telecoms, Pensions, Supply chain, HR, Tax, Health and Safety and Legal findings in 6 weeks leading a team of 18 internal subject matter and external financial – legal advisors (KPMG and Stephenson Harwood)

Baskar also led the business case to dispose the manufacturing (£1m business) unit identifying income streams, analysed cost structures and future development activities.

The Results: The client successfully disposed the £1 Billion Joint Venture back to public sector.

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