Turnover passes £10m at North East cleaning giant Maxim FM
Maxim Facilities Management has grown its turnover past £10m after completing two acquisitions in one month.
The Sunderland-headquartered business acquired Tyneside-based Let’s Clean North East Ltd in June, becoming the largest independent contract cleaning and facilities management firm in the region.
Maxim followed the deal with a swoop for Swindon-headquartered Gillsbrook FM Services Ltd, to expand its presence in the south and boost revenues to a record high.
The company now employs around 1,200 staff. Its goal is to become a £20m-turnover business with around 2,000 employees in the next three years. Maxim will drive this aim with further acquisitions.
Graham Conway, founder and managing director of Maxim FM, said: “We are already the largest independent cleaning and facilities management firm based in the North East, and these acquisitions will support our drive towards becoming a substantial national player in our industry.
“Much of our organic growth has been centred on the education sector where we’ve been able to take advantage of the trend towards outsourcing for facilities management work and have built up a strong portfolio of clients, most especially across northern England.”
He continued: “Acquiring the Gillsbrook business gives us a strong foothold in the South west, adding a third regional office in an area where we believe there’s lots of potential for growing our client base, and we are continuing to look for other such strategic acquisition opportunities that we think will help take the business onto the next level.”
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