RMT
MJF's founder and managing director, Martin Ferguson with Michael Cantwell, head of corporate finance at RMT Accountants & Business Advisors.

North East facilities management firm targets M62 growth following Leeds acquisition

A facilities management firm is targeting new customers along the M62 after acquiring a Leeds-based industry rival.

Since MJF Facilities Management acquired the assets of Swift Facilities Management UK Ltd for a five-figure sum, the Darlington-headquartered firm is aiming to build upon its new acquisition’s existing customer base, stretching from Hull to Manchester.

Martin Ferguson, founder and managing director of MJF Facilities Management, said: “Most of our existing clients are based in the North East and North Yorkshire, so the area covered by the Swift business complements what we already do extremely well and enables us to substantially widen our footprint.

“Our growth so far has predominantly been organic, but we’re also now looking at other acquisition opportunities that could help us speed things along even more quickly.

“The RMT team has provided an excellent sounding board as we’ve developed our growth plans and moved very quickly to put everything into place that we needed to take advantage of this latest opportunity.”

The MJF management team has worked with Gosforth-based RMT Accountants and Business Advisors on all aspects of the Swift FM acquisition and the development of its growth strategy, while Mincoffs LLP provided legal advice on the acquisition.

Chris Hughes, associate solicitor in the corporate team at Mincoffs Solicitors, who also acted in the deal, added: “It has been a pleasure to work with Martin and MJF on the Swift acquisition, it is great to see a local firm enjoying such success and growth. We wish Martin and the team all the best of luck for the future.”

Founded in 2006 as a window cleaning business, MJF Facilities Management has expanded to now provide commercial cleaning services, including deep cleaning in industrial premises and installing resin flooring in areas like supermarkets and factories.

It now employs around 150 people, and works with a wide range of clients, including Aldi, Coca-Cola, Willmott Dixon Construction and the St George’s Park National Football Centre.

Michael Cantwell, head of corporate finance at RMT Accountants, concluded: “MJF has sound systems and structures in place which will support its continuing growth, while Martin and his team have the ambition and drive required to make the business even more of a success.”

Our Partners