FM & Building Maintenance Industry Today

Incentive FM Group Acquires Comserve Ltd.

Leading Facilities Management Company, Incentive FM has acquired a M&E company.
Published 03 August 2015

Leading independent contract services group, Incentive FM Group has acquired Comserve Limited, a mechanical and electrical (M&E) maintenance and installation services company. This strategic move will enable Incentive to bring M&E services into its established portfolio alongside integrated facilities management, security, cleaning, and consultancy businesses.

Based in Kings Langley, Hertfordshire, and with a £3.5 million turnover, Comserve provides market-leading M&E services to a wide range of blue chip clients in 120 sites across London and the South East. All Comserve employees have been retained and will continue to service existing clients as part of the deal. They will still work directly for Comserve’s joint Managing Directors Ian Wheeler and Chris Balderson who are now supported by Incentive FM Group Managing Director Martin Reed and his wider team.

Jeremy Waud, Chairman, Incentive FM Group, said: “M&E has been the missing link in our portfolio of stand-alone services even though M&E has been a big part of our integrated service offer for many years. The Comserve team and client base are highly complementary to our organisation. We will be investing in the business and staff to help it to grow its client base whilst providing a broader range of services."

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