Sentio Insight has provided financial due diligence to Arcus FM, a market leading UK-based company providing tech-enabled integrated facilities management services, on its acquisition of building energy management controls specialist BEMS.
BEMS specialises in real-time technology controls services, making sure a building operates at maximum levels of efficiency while removing wasted energy usage and costs.
This deal strengthens the firm’s expertise, enabling it to now offer a comprehensive building and energy management consultancy service. By providing a unique opportunity for estates to be surveyed by subject matter experts in disciplines such as refrigeration, HVAC, energy, carbon and waste management, clients and future clients will benefit from solutions that will optimise the uptime of their assets. This achieves the ultimate aim of better reliability, fewer breakdowns, reduced energy consumption and service engineer visits.
Matthew Graham, MD of BEMS, said: “The acquisition is an important milestone for BEMS and testament to the team. I’m excited about the development and growth potential this creates for the business and I’m very much looking forward to joining forces with Arcus.”
Chris Green, CEO of Arcus, said: “Accelerated innovation across areas such as IoT (internet of things) is transforming our working world and in turn drives new requirements from our clients and expectations of their FM providers.
“Technology has been the driving force in creating our in-house remote monitoring platform, Helix, which provides an overview of clients’ estates. BEMS’ complementary skills in the control technology arena means that any new technologies installed alongside the legacy equipment will be supported, giving our teams clear sight of real-time asset performance.
By aligning and integrating our capabilities we believe that we’re one of the first businesses to be able to break the closed protocol deadlock, providing full read/write functionality.
We are excited to welcome aboard BEMS and we believe that our combined use of technology will be a real game-changer in the way we operate.”
Tom Hayes from Sentio Insight provided financial due diligence and Russ Cahill from Tax Advisory Partnership provided tax due diligence.