TIG Corporate Finance advised the owners of FM4U Ltd, a Gateshead-based facilities management (FM) company on their sale to Simple Energy Matters Group (SEM).
FM4U was introduced to TIG Corporate Finance by their accountant when they needed to consider their options to exit their business and prepare for retirement.
TIG worked with the owners over several months to prepare the business for sale.
FM4U had grown steadily year-on-year and it was decided to wait until their financial year had ended to highlight their growth further and use the data to provide financial forecasts for the next three years.
As part of the project, TIG undertook a full M&A review in the FM sector, highlighting many active FM acquirers. From starting to initially market FM4U it was apparent that the business was attractive and there was a lot of interest.
Lots of meetings were held with prospective buyers and there were several offers from interested parties, but it was the team at SEM that the owners felt was the best fit to take FM4U forward.
Once the offer was accepted, TIG worked closely with SEM and their advisors to draft heads of terms and project manage the financial and legal due diligence. FM4U was supported by Swinburne Maddison for its legal advice.
It was a straight-forward deal and all parties pulled together to make the transaction as smooth as possible. The owners of FM4U will be working with the team at SEM for a period of handover to ensure the business continues to succeed in future.
Press from the Deal:
Bdaily: https://www.bdaily.co.uk/articles/2025/03/09/simple-energy-matters-grows-with-fm4u-deal
Northeast Connected: https://neconnected.co.uk/acquisition-of-fm4u-fuels-simple-energy-matters-groups-growth/
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