Leicester-based Precision FM has acquired Internal Xternal Solutions, a commercial roofing company, to further consolidate its commercial maintenance services division.
The acquisition expands Precision FM’s roof repair and maintenance service, which is part of the company’s existing facility management portfolio, which includes contract cleaning, hard FM, floor maintenance and security.
Commenting on the acquisition, Brij Thankey, CEO of Precision FM, “We are delighted to have brought the Internal Xternal Solutions team into the Precision FM family through this transaction. We have a longstanding relationship with them and this acquisition will enable us to bring their extensive knowledge and expertise in the commercial roofing sector to our comprehensive range of facility management services.
“The key to being a successful FM company is putting the customer first and having skilled people who are able and committed to get the job done. We look forward to strengthening our offering and passing on the cost savings we achieve by consolidating our services to our customers. “
The deal ensures continuity for existing customers and employees as TUPE transfers employees from Internal Xternal Solutions to Precision FM, including the senior management team.
Precision FM was founded in 2012 and today manages over 1,000 buildings in the UK and Ireland. After Precision FM had previously worked contractually with the roofing company for over six years, the takeover enables Precision FM to expand the entire range of services that it offers its customers nationwide.
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