Grant Thornton advises JCW Group JCW Group has been sold to Apleona

September 2023
JCW Group
Adviser to JCW Group on their sale to Apleona
£undisclosed
Grant Thornton team
Sell side
Corporate finance

We are delighted to have advised JCW Group on their sale to Apleona

JCW Group is a leading UK mechanical and electrical engineering contracts provider, supplying a wide range of multi-site retail, leisure and public sector contracts across country.

Apleona is a large German based group providing related facilities management services who were seeking to strengthen its UK market position.

Apleona was also attracted to JCW due to its large scale mobile servicing capability, and the potential to increase quality services and excellence with its client base.

Grant Thornton Corporate Finance were engaged to assist with the negotiations with Apleona and to agree a deal which was acceptable to all parties, before project managing the process through to completion. Key to our role was getting the right balance between future value creation for both sides, as well as the ensuring the right level of protection for the shareholders.

Mike Tillson, Grant Thornton Partner, said “this is a fantastic deal for all parties. The shareholders of JCW have built a fantastic business which we are sure will continue to flourish representing the Apleona UK business”.

Testimonial
JCW and its shareholders were very pleased with the early engagement communication from the Grant Thornton Team , which proved to be invaluable in navigating the deal process and structure. We were particularly pleased with the ability of the GT project team to lead without needing to control the process and we felt supported at all times.
Kurt Hedgley Managing Director, JCW Energy Services Limited