Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / M Group Services makes eleventh acquisition since 2016 with IDSystems

M Group Services makes eleventh acquisition since 2016 with IDSystems

Fri, 16 Oct 2020 | BUSINESS SALE



Herefordshire-based infrastructure services provider M Group Services has announced the acquisition of Scottish business IDSystems (IDS). The acquisition of the 100-strong Cumbernauld business represents M Group’s eleventh acquisition since late 2016.

IDS is a mechanical, electrical, instrumentation, control, automation and telemetry (MEICAT) specialist. The company provides services including repair and maintenance, design, commissioning and project management to clients in the water and wastewater sector and adjacent markets.

Its clients are made up of water companies, as well as industrial and commercial organisations, including Scottish Water and its supply chain. Through its partnering approach and best-value engineering services, the company has developed long-term relationships with clients.

Following the acquisition, IDS will retain its brand identity and form part of M Group’s Utilities Division, before making the transition to the group’s new, dedicated Water Division in April next year.

M Group Services has operated acquisitively since November 2016, when Morrison Utility Services, of which M Group is the parent company, was acquired by private equity investment outfit First Reserve.

Under First Reserve, its acquisitions included civils contractor Dyer & Butler, meter reading firm Meter-U and telecoms infrastructure specialist Magdalene. In 2018, M Group was sold to PAI Partners and has continued to make strategic acquisitions.

Discussing the deal and the group’s acquisition model, M Group Services Chief Executive Jim Arnold commented: “Strategic acquisitions are a core part of our strategy as we continue to enhance the scope of capability across our sector focused divisions.”

“IDS has earned a strong reputation within the water sector through its longstanding relationships with their key clients such as Scottish Water along with its innovative product development and off-site manufacturing capability.”

Mr Arnold added: “This acquisition broadens the complementary, specialist services delivered by the Group in this sector and we look forward to supporting the IDS management team as they look to consolidate the Company’s leading market reputation and embark on the next stage of their strategic growth plans.”

IDS Managing Director Iain Doherty said: “We are absolutely delighted to be aligning ourselves with M Group Services. Their understanding of our vision has been supported through the whole process and my fellow directors and I truly believe, with their sector knowledge, wide geographic footprint and professionalism our controlled sustainable, growth plan will be greatly enhanced”.


Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Provider of Engineering Services
UK Wide

Long-established provider of onsite machining and repair services operating a one-stop shop for a large range of engineering solutions across a global client base. Specialising in a range of applications the group operates in several industries provi...

Asking Price: Offers Invited
Turnover: £3,924,000

LEASEHOLD


Provider of Wiring and Engineering Services
East of England, UK

Specialises in the provision of a wide range of wiring and engineering services and labour. Predominantly operates in the broadcast and AV industries. Works with 20 active clients, all of whom provide reliable, repeat business. Operates to an extreme...

Asking Price: Offers Invited
Turnover: £4,799,999

LEASEHOLD


Provider of Mechanical Engineering Services
East Midlands, UK

Specialises in the design and installation of chilled water, heating, cooling and ventilation systems. Caters to 10 clients, all of whom provide repeat business on an ongoing basis.

Asking Price: Offers Invited
Turnover: £2,490,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
20
 
May
 

Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION

Bournemouth-based instant foods brand Mr Lee’s Pure Fo...

 
19
 
May
 

Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE

Legal services company Knights has acquired Portsmouth-headq...

 
18
 
May
 

Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS

Businesses in the UK look set to come under continuing press...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
16
 
Jul
 

M Group looks to tap into 5G boom with Waldon Telecom takeover | BUSINESS SALE

M Group Services has acquired wireless telecom infrastructur...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.