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Acquisition Expands GSH Hard Service Capabilities

GSH Group has acquired UK technical facilities maintenance solutions provider, Team Q.

The privately owned GSH Group delivers facilities management services across a diverse portfolio of industrial, commercial, government and private real estate. The acquisition of Team Q supports the group’s ambitions to achieve significant growth and enhance service delivery in the UK.

Following the acquisition, Team Q will continue to operate autonomously with the existing leadership team delivering intelligent maintenance solutions including scheduled maintenance, 24/7 reactive support, project services, asset management and compliance services to businesses throughout the UK. Team Q now has access to significant GSH Group resource and support functions including cutting-edge sustainability and energy management services to expand the breadth of FM services at the highest service levels.

GSH Group has been delivering customised FM services for 127 years. Services include integrated facilities management, technical operations, sustainability, and energy consulting. The company employs over 4,500 staff and is currently headquartered out of New Jersey with offices throughout North America, Asia and Europe. GSH maintains a dedicated engineering division which spearheads ground-breaking projects in energy management and waste-to-biofuel initiatives.

CEO, Mark Thomas says: “The GSH Group was founded in the UK, so we are proud to be going back to our roots. We have enjoyed significant growth in the USA and India, and the integration of Team Q will cement a stronger platform for us in the UK and offer a springboard for European expansion. We’re very much looking forward to working closely with the talented workforce at Team Q.”

Team Q managing director, Guy Busfield, adds: “We are excited to become part of the GSH Group. This acquisition will allow Team Q to develop a greater strength in the energy market. With GSH’s long standing history, corporate resources including leading FM technologies, and global footprint, we’ll be able to offer our customer base a greater level of expertise.”

The parties were advised by Cooper Parry LLP and Squire Patton Boggs.

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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