As a leading company operating in the technical and technological facility management market for retail chains, we have signed a preliminary agreement with Enterprise Investors – one of the largest private equity funds in Central and Eastern Europe – to acquire a majority stake in Sescom. We are planning to accelerate the development of the company based on consolidation of the technical services market in Europe.
Enterprise Investors, est. 1990, is a strong investment fund. So far they have created 10 funds that have invested or committed to invest a total of EUR 2.3 billion in 156 companies and completed investments in 139 companies.
„Such a strong partner gives us greater capacity to ensure continued dynamic development. This is particularly important due to high dynamics of global social changes and climate challenges. Having a financial investor as a majority shareholder is a clear sign that the implementation of our strategy will involve professionalization, optimization and rapid growth” – concludes Sławomir Halbryt, founder and CEO of the company.
For 15 years, we have been successfully strengthening our position in the local and international facility management (FM) markets, serving retail chains across 27 European countries. Signing the agreement with Enterprise Investors is another step in the implementation of our Wise Futurist 2030 strategy, significantly accelerating our strategic goals related to acquisitions.
“Fulfillment of the Wise Futurist 2030 strategy will allow us to realize our vision: to be the first choice technical and technological FM provider in Europe for the retail sector. A strong company is a stable, credible business partner and a trustworthy employer, ensuring development within international structures” – adds Sławomir Halbryt.
Following last year’s acquisition of PCB Technical Solutions Ltd, we increased our share in the British facility management market, expanded our portfolio of international clients with broadly recognizable retail brands, and strengthened our HVAC expertise. These strategic actions resulted in a revenue of 53,8 million EUR in the last fiscal year – a record-breaking result in Sescom’s history. In the nearest future, we are planning more acquisitions confirming our market consolidation ambitions.
The story of Sescom confirms our unique capabilities for development in a complex and challenging environment of the European retail market. Our strategic decisions regarding expansion and investments have consistently enhanced our operational capacity and market growth.
The Selling Advisors were PwC (M&A advisor) and Gessel (legal advisor), and the Buyers’ Advisors were Baker McKenzie (legal advisor) and Deloitte (financial and tax advisor).