Birketts advises OCS on its first bolt-on acquisition under the ownership of CD&R
6 November 2023
The Corporate Team at UK Top 50 Law Firm Birketts has advised OCS on its purchase of Accuro.
OCS, a leading global facilities service provider with over 20,000 customers across the globe, is further strengthening its service offering to the public sector in the UK. The acquisition represents another significant step toward OCS realising its mission of becoming the world’s premier international facilities service provider and underlines its focus on providing unparalleled facilities services across the UK and beyond.
Founded in 2005, Accuro is a provider of high-quality facilities management services to clients across the Midlands, East Anglia, and the North of England. Accuro holds a portfolio of successful, long-term contracts mostly within the healthcare sector and more recently has diversified into the education sector with a focus on cleaning services.
The Birketts team was led by Rafael Ruiz (Partner, Corporate) and Emma Bysouth (Senior Associate, Corporate) and supported by Lucy Easey (Solicitor, Corporate), Ieva Grakulskyte (Graduate Solicitor Apprentice, Corporate), Robbie Watson (Senior Associate, Corporate Tax), Mark Gipson (Partner, Commercial and Technology), Melanie Harvey (Legal Director, Commercial and Technology), Nicholas West (Senior Associate, Employment), Amanda Early (Senior Associate, Commercial Property) and Charlotte Wormstone (Partner, Property Litigation).
Josh Wade, UK & Ireland Head of Mergers and Acquisitions of OCS commented: “We are delighted to be announcing this deal which marks a significant milestone for OCS, as its first acquisition since it merged with Atalian Servest’s UK, Ireland and Asia operations following significant investment from private equity firm Clayton, Dubilier & Rice. Accuro’s in-depth knowledge of the UK’s education and healthcare sectors are extremely complementary of OCS’ existing public sector offering and will play a part in the delivery of our growth plans in the coming years.”
“Working with Birketts once again has led to a smooth and successful transaction. Having worked with the team previously, appointing them for this deal was the obvious choice and we couldn’t be more pleased with the expertise and guidance they provided throughout the whole process.”
Speaking on the deal, Birketts’ Partner and Head of Corporate Rafael Ruiz said: “It was a pleasure to work with the team at OCS once again. Building long standing relationships with our clients is something we really take pride in, so it has been a privilege to advise OCS on this first acquisition under the new ownership of CD&R. We are sure the acquisition will be a great success and we would like to wish the team at OCS and Accuro all of the best for the future.”