Compass Group acquires Integrated Cleaning Management Limited
Compass Group has acquired Integrated Cleaning Management Limited ("ICM") from Paul Rafferty and Coral Brodie. For the year ended 31 March 2011, ICM had revenues of £61.0m and gross assets of £16.3m.
ICM is one of the UK's largest independent specialist providers of core cleaning and related services. Established in 1996, ICM's 8,000 employees work on more than 3,800 client sites, providing a full range of cleaning services for more than 32 million sq. ft. of floorspace every day.
ICM operates across the UK, with a particular focus on the corporate office, hospitality, leisure, hotel and retail sectors. It has built a strong reputation and a high quality client base across all sectors.
Ian Sarson, Managing Director of Compass Group UK & Ireland, said: "We are delighted to have acquired such a highly respected company as ICM. This acquisition strengthens our multi-service capability and enables us to offer high quality cleaning services to more organisations across the UK. It provides us with a robust platform for growth, in line with our strategy to expand our presence in the fast-growing support services market."