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OCS announces first ‘bolt-on’ acquisition under the ownership of CD&R

In what it describes as ‘a strategic acquisition and a significant milestone’ for the business, OCS, the global facilities service provider, has acquired Accuro, ‘a UK provider of business-critical facilities management services to the education and healthcare sectors’.

Founded in 2005, Accuro provides FM services to clients across the Midlands, East Anglia, and the North of England, with a portfolio of successful long-term contracts mostly within the healthcare sector. More recently, it has diversified into the education sector, with a focus on cleaning services.

The acquisition is OCS’s first since it merged with Atalian Servest’s UK, Ireland and Asia operations following significant investment from private equity firm Clayton, Dubilier, & Rice earlier in 2023. The business says it ‘represents another significant step’ toward it realising its mission of becoming ‘the world’s premier international facilities service provider’, and underlines its ‘focus on providing unparalleled facilities services across the UK and beyond’.

OCS said: “For Accuro, this deal provides an exciting opportunity for further growth and development. The integration with OCS will create new opportunities for Accuro’s team, paving the way for expanded capabilities and enhanced service offerings. Accuro and OCS share a similar culture, and are both driven by a desire to provide the highest quality of service to customers. This alignment in values and commitment to excellence makes the deal a positive fit for both companies.”

Daniel Dickson, UK & Ireland CEO of OCS (pictured), commented: “We are delighted to be announcing this deal, which marks a significant milestone for OCS. I have long admired the quality service Accuro offers, as well as its commitment to upholding its strong values as a business. Since Nigel (Prothero) founded Accuro in 2005, the business has had a track record of delivering the highest levels of service to its customers. Accuro’s in-depth knowledge of the UK’s education and healthcare sectors are extremely complementary of OCS’s existing public sector offering, and will play a part in the delivery of our growth plans in the coming years.”

Nigel Prothero, CEO of Accuro Group Holdings, added: “OCS is one of the market’s leading facilities service providers, with an evident commitment to providing the best level of service to their customers. I believe Accuro’s values and culture are aligned with those of OCS, and together we’ll be able to provide a market leading service, ultimately driving the growth of the business for years to come.”

 

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