Business & Economy
Maxim Facilities Management strengthens market presence after six-figure deal
November 11, 2020
An independent contract cleaning and facilities management firm has refused to rule out further expansion after buying a local competitor in a six-figure deal.
Maxim Facilities Management has acquired Total Facilities Management (NE) Ltd, which operates across Tyne and Wear, Northumberland and County Durham.
As part of the deal, Richard Fowler, founder of Total Facilities Management, has joined Maxim’s senior personnel, with its 150-strong team joining Maxim’s workforce.
Graham Conway, [pictured far left] founder and managing director at Sunderland-headquartered Maxim FM, which counts Hitachi, Quorn, Nexterra Systems Corp, Gentoo and the Scottish Prison Service as clients, said: “We are already firmly established as the North East’s largest independent cleaning and facilities management firm.
“Bringing Total’s workforce and client base on board further strengthens this position.
“The business already has an impressive presence across the North East, as well as a strong team of people delivering the services their clients require, and we’re very pleased to be bringing Richard onboard.
“There’s no denying this has been a very challenging year for ourselves and many of our clients, but the importance of cleaning and hygiene has clearly never been more important, and we’ve been able to keep the business moving forward as a result.
“We have ambitions to keep growing organically as economic conditions begin to settle next year and beyond, and are very much open to making further acquisitions as and when the right opportunities come up.”
Richard added: “Maxim has the resources and capacity to meet businesses’ contract cleaning needs in the present challenging circumstances and it makes clear sense for me, my staff and our clients to complete this deal.
“It was especially important to me that all the members of my team would be properly looked after as part of the sale of the business and Maxim made the firm commitment on this that I was looking for.
“There’s no better company in our sector in the North, and it’s exciting to be joining a business that has clear ambitions to keep growing.”