August 2024
Axis Europe Holdings Limited
Adviser to Axis Europe on their merger with CLC, funded by H.I.G European Capital Partners
£undisclosed
Grant Thornton team
Facilities management
Corporate finance
Tax advisory
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We are delighted to have advised Axis Europe Holdings Limited on their merger with CLC, funded by H.I.G European Capital Partners LLP

Axis is a market leading provider of property maintenance services, specialising in building repairs, planned / reactive maintenance and improvements predominantly across the Social Housing sector & Public sector. The Group employs over 1,000 people and operates a localised delivery model on a national scale, across London, Midlands and the South-East, with a secured revenue orderbook in excess of c.£2 billion. 

We were appointed by the shareholders of Axis to lead on the merger due to our credentials, knowledge and relationships with global private equity funds, market expertise in the facilities management sector, technical ability and strength of relationship. 

Throughout the transaction, our team demonstrated exceptional dedication and expertise. From securing the initial mandate against tough competition to navigating complex negotiations and overcoming last-minute challenges, our team's deep sector knowledge and strong client relationship were instrumental in keeping the deal on track. We successfully managed extensive due diligence, addressed concerns from all parties, and provided strategic tax and financial advice that helped drive the deal to a successful completion. Our diligence, commitment and ability to adapt ensured that the transaction delivered an excellent outcome for our client.

Grant Thornton has been an invaluable partner throughout this transaction. Their deep understanding of our business and extensive knowledge of the facilities management and social housing sectors truly stood out. The team's diligent and tenacious approach was instrumental in getting the deal done and delivering an excellent result for our business. I want to thank the team for their unwavering support and commitment. I would have no hesitation in recommending the Grant Thornton Corporate Finance team.
John Hayes Founder and CEO, Axis Europe Holdings Limited