Specialist building services and facilities management group, United Capital Investments, have formed a strategic acquisition partnership with Malaga-based ICCI Capital, to support the ambitious growth targets of the business.
United Capital Investments, which has offices in London, UAE and Edinburgh, is currently acquiring regional building services businesses across the UK. The business, which launched only two years ago, has already acquired four companies bringing group revenues to more than £50million. The business is continuing to grow by acquisition with a group turnover target of £500million by 2024.
ICCI Capital which is based in Malaga, Spain, combines the expertise of its principals to achieve the best results for its partners and clients. The organisation has a broad scope of expertise including real estate, investment, and asset management.
United Capital will work with ICCI Capital Founding Principal Pablo Anderson, who has already begun identifying potential acquisition opportunities in both in Spain, and elsewhere around the World.
Speaking of the strategic acquisition partnership, United Capital CEO, Graeme Carling commented; “We are growing multiple businesses across the world and this partnership will allow us to identify more acquisition opportunities, faster. We have been working with Pablo for some time, so he knows what we are looking for, and his team have already proved to be effective by finding us some very interesting off-market opportunities, which we are now progressing to the next stage.”
ICCI Capital Founding Principal, Pablo Anderson added; “I met Graeme and his business partners in Spain earlier in the year, when they were looking at a large property portfolio deal, and we have remained in touch since. My team specialise in finding large scale, off-market investment and acquisition opportunities for credible investors like United Capital, I am delighted to join the team in this strategic partnership, in what I am certain will prove to be very successful.”