Sale of Richard Irvin FM to RSK Group

Deal typeM&A
IndustryBusiness Services
Sub-industryFacilities Management & Support services

RSK Group has acquired technical facilities management and energy solutions company, Richard Irvin FM backed by Rcapital Partners LLP.

Richard Irvin FM has a network of offices across Scotland and the North of England, employing 230 specialists, and a turnover in excess of £25 million. Clients include Total and BP, alongside a range of public and private sector organisations, to which the Company offers both energy and facilities management services, including building energy management systems, heat pumps and solar and renewable solutions. The business maintains, repairs and improves more than 62,000 UK commercial and domestic properties with a full scope of services, including heating, ventilation, air conditioning, electrical, lighting, detection, renewable systems, fabric and specialist services, often delivered as complete facilities management packages.

RSK comprises more than 175 companies, with 11,000 people. The acquisition of Richard Irvin FM brings a wealth of technical facilities management and energy expertise to RSK, with an emphasis on safety and compliance, plus sophisticated software solutions to offer its clients 24/7 asset management and peace of mind.

“We found it a pleasure working with the BDO Business Services team, being able to draw on their deep sector and in-depth M&A knowledge with access to potential buyers meaning they understood our business model well, thus communicating robustly the investment story to help identify the right party. They were always “hands-on” and offered clear and efficient guidance throughout the process to ensure their proactive approach delivered a positive outcome for all shareholders with minimal disruption to the wider business. I would highly recommend them to anyone looking to sell their business.”
Mark Buchan, CEO and Shareholder, Richard Irvin FM