Templewood Services, a services company supplying cleaning, hygiene, washroom and security services to blue chip UK clients, has announced the acquisition of LCC Support Services.
The acquisition brings together two big names in the industry – Harvey Soning, Chairman of Templewood Services and Bob Vincent, who will become Non-Executive Chairman of LCC. Both Harvey and Bob will continue to be actively involved in the business for the foreseeable future.
The combined businesses will have a combined turnover of £40m and employ approximately 3000 people across the UK, supplying specialist soft-FM services to more than 800 clients and at more than 1000 separate locations across England, Scotland, Wales and Northern Ireland. The acquisition comes just a year after Johannesburg, South Africa-based Excellerate Services acquired a majority stake in Templewood.
It’s hoped that merging its UK operations will provide a substantial foundation for growth, as well as a unique opportunity to harness multiple best practices and industry-leading innovation, as the company builds upon its significant strength in FM-partnering and its valued client base in the corporate built environment, high-end retail, property management, education and manufacturing sectors.
Harvey Soning commented: “Having known of Bob’s reputation in the industry for many years, I was delighted when the suggestion was made to merge our businesses to provide an even better service to all our major clients throughout the UK. Our relationship has grown very strong through the negotiations which I know will benefit both of us and our new parent Excellerate in the future.”
Bob Vincent added: “I am very pleased with the acquisition. Templewood Services has a similar ethos and business ethic to what I have strived for over the past 21 years, and as such was a perfect fit. I look forward to being involved in the business going forward.”
