Birketts advises on the £90,000,000 capital funding of Servest Group Limited

Leading East Anglian law firm, Birketts, has advised Servest Group Limited and its owners on its capital funding, with new working capital and acquisition facilities which will enable Servest to reach its goal of becoming one of the Top five independent support services companies in the UK.

With their head office located near Bury St Edmunds, Suffolk, Servest are a leading facilities management provider employing more than 16,000 people over 4,500 sites across the UK. Servest delivers a comprehensive range of essential facility services including Catering, Security, Cleaning, Pest Control, Waste Management, Mechanical and Engineering and Hard FM, Washroom, Internal Landscaping and Consumables, to an extensive portfolio of public and private sector clients.

Speaking on the transaction, Servest Group’s CEO for UK and Europe, Rob Legge commented, “Rafael and his colleagues in Chelmsford and Norwich provided exceptional levels of service. They drove the transaction and the other advisors forward to meet our time frames, and kept command of the process throughout. I would have no hesitation in recommending Rafael, or any of the Birketts team.”

The Chelmsford office partner, Rafael Ruiz, who led the Birketts team on the transaction, said: “The complexity and value of the transaction, involving shareholders here in the UK as well as in South Africa, and the Channel Islands, combined with a tight deal timetable, necessitated teams from our Chelmsford and Norwich offices working together closely.  I am delighted with the way that we met Servest’s needs and the demands of the transaction, and that we continue to be a part of this East Anglian success story.”

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