Thu, 08 Feb 2024 | BUSINESS NEWS
Integrated property services provider SJA Group has secured a £9.1 million investment from private equity firm Key Capital Partners. The investment will enable SJA Group, which has previously made several acquisitions, to capitalise on considerable growth opportunities in its sector.
SJA Group was founded in 2010 by Adrian Deane and Sam Prett and is based in Sidcup, Kent. The company’s core offerings include front-of-house concierge services and interior and exterior cleaning for commercial landlords and tenants.
In 2020, the group expanded with the acquisition of Regency Real Estate, in a deal that expanded the managing agent services the firm could offer to property owners. The group then acquired Enecto in 2021, broadening its services into hard facilities management, including mechanical, electrical and building services.
The new investment sees Leeds-based Key Capital Partners take on a significant minority stake in the business. The deal represents the sixth investment from the firm’s KCP IX fund and its third in integrated property services, after investments in Total Integrated Solutions and Smarter Services.
KCP Partner James Excell commented: "We are excited to partner with SJA. The team have built a highly competitive end-to-end service offering to meet the increasing demands from commercial property clients. The market in which the group operates in is large and possesses credible growth opportunities, which were key considerations for our investment."
Following the investment, SJA’s management team, comprising co-founders Adrian Deane and Sam Prett, alongside Phil Dale (Regency CEO), Sam Stokes (Regency COO), Alan Sillince (Enecto operations director) and James Lyons (SJA operations director), will remain in place. The management team will be supported by incoming non-executive chair Colin Dobell.
SJA co-founder Sam Prett said: "On behalf of the SJA Board, we are delighted to be partnering with Key. Their understanding of SJA’s business model and strong cultural fit with the team were important considerations when choosing them as our investment partner.”
"Key share our passion for providing high-quality services and their track record of supporting high-growth SMEs leaves SJA Group well positioned to capitalise on future growth opportunities."
Find out more about how companies can attain private equity backing for their growth plans
The garage service, repair and carry out classes 1-2-3-4 MOT testing on motor vehicles, diagnostics and vehicle air conditioning and repairs of all car types. The business is now only coming to the market due to the vendor’s wish to retire.
The client sells, installs and maintains electronic fire and security equipment for businesses and residents within a catchment area containing 5.5 million people.
This is a superb opportunity to acquire a well-established Memorial Mason business in Northampton. The business is available on a leasehold basis. The business has been established since 2001 and has experienced substantial growth on an annual basis...
Property tech firm iamproperty has completed the acquisition...
Environmental Essentials, an asbestos service provider backe...
Essex-based construction contractor Readie Construction Limi...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.