Country
United Kingdom | Spain
Industry
Professional Services
Information on Mitie
Mitie is the UK's leading facilities management and professional services company, offering a broad range of specialist services, including Security, Engineering Services, Cleaning, Landscaping, Energy and Property Consultancy, Property Maintenance, and Custody Support Services. Employing 77,500 people across the country, Mitie manages a large and diverse blue-chip customer base, which includes banks, retailers, hospitals, schools, and government offices.
Information on Seguridad Profesional Mediterránea
Seguridad Profesional Mediterránea S.A. (SPM Seguridad) is a comprehensive security company operating nationwide, which began its journey in 1989. Its business activity focuses on providing surveillance and private security services to both individuals and professionals.
Rationale for the transaction
The acquisition of assets from SPM Seguridad by Mitie marks a strategic step in the expansion of its services in Spain, significantly enhancing its security capabilities. SPM Seguridad is highly complementary to the broad and growing range of services that Mitie already provides in the Spanish market. This transaction will strengthen cross-selling opportunities and enable Mitie to serve an increasingly extensive blue-chip clients base.
Transaction information
Translink Corporate Finance acted as the advisor to Mitie on the acquisition Seguridad Profesional Mediterranea.
Operation
Advisor to the buyer
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