Following an MBO backed by Cable Capital Partners, Bibby Financial Services (BFS) has provided a £6 million funding line to Emprise Services plc (Emprise), the company specialising in security and cleaning services which employs 4,500 people nationwide.
Founded 30 years ago, Emprise services over 1,000 locations each day, generating a turnover of circa £60 million. Its clients include Pure Gym (the UK’s largest private gym operator), Hilton Hotels, Delfont Mackintosh, Dentons, Viacom and The National Theatre.
Emprise aims to build on its favourable positioning across corporate offices and high footfall public buildings to drive the next phase of its growth. The current management team, led by Mark Beadle, will remain in place and Stephen Barrett, who founded the business, will continue as non-executive director.