Transaction details
- Client
- BMF Grup
- Other side
- Sarmis Capital
- Business
- Facilities management
- Practice
- Corporate Advisory
- Service
- M&A
- BCP’s role
- Exclusive strategic and financial advisor
- Transaction
- Value: undisclosed
- Closed
- 2023
In the client’s words
Blu Capital Partners (BCP) organized a competitive investment process, obtaining bids from private equity funds and relevant strategic investors. Blu Capital Partners advised BMF Grup in structuring, negotiating and implementing the transaction with the selected investor. This agreement with SARMIS Capital came as a result of interest from both directions.
The investment fund was looking for a big player in facility management, while we were looking for a partner to help us implement our vision of becoming a regional player. We had already taken some steps towards regional development, we had some contracts, but we wanted to expand faster, and we needed resources.
Overview of BMF Grup
- BMF is the largest integrated facilities management company in Romania, offering a full range of solutions encompassing multi-technical maintenance, cleaning, security and surveillance, concierge, prevention and firefighting, disinfection, snow removal, construction services and landscaping.
Overview of the Transaction
- BMF Grup provides high-quality integrated facility management services, with a consolidated turnover of over EUR 30 million in 2022.
- Founded in 2011, BMF has a team of over 1,800 specialists who use innovative technologies to ensure interventions within a maximum of 2 hours anywhere in Romania.
- BCP identified an investor that could support BMF’s plans of regional expansion by committing capital to expand BMF’s operations in Romania and neighbouring countries.
- Sarmis Capital acquired 51% of the consolidated group’s shares and, through the transaction, committed funds for M&A add-ons, without seller dilution.
Importance of the Transaction
- The partnership marks a significant stage in the development of BMF Grup, strengthening its position as a leader in the integrated facility management industry.
- The company is committed to investing in digitization and becoming a model of sustainability in the industry.
Blu Capital Partners Corporate Advisory’s Role
- BCP acted as exclusive strategic and financial advisor to BMF Grup on the sale of a 51% stake to Sarmis Capital.
- BCP supported BMF Grup throughout the sell-side process, from deal marketing to deal closing.
- The project highlights BCP’s ability to structure strategic transactions with international financial investors and to generate favourable outcomes for entrepreneurial companies.
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