mynth
← DATABASE
09/2025100%

Obsequio Group acquired by Warren Equity Partners

UNITED KINGDOM Facility Management / Maintenance / Security & Guarding EV £100–350M

Context

Beech Tree Private Equity sells its entire holding in Obsequio Group to Warren Equity Partners, concluding an investment cycle that began in 2023. This cross-border transaction transfers control of the compliance services platform, which currently generates annual sales of £70m, to the US-based private equity fund. The initial 2023 investment phase, originally supported by a dedicated acquisition facility from Beechbrook Capital, provided the financial financing required to execute the integration of six complementary businesses over a two-year period. The execution of this definitive secondary buyout coincides directly with the simultaneous bolt-on acquisitions of Belfast-based Atlas World and Chatham-based PLP Fire Protection, executing a deliberate strategic roadmap to rapidly increase geographic coverage and localized service capabilities. During the preceding ownership period under Beech Tree Private Equity, Obsequio Group scaled its top-line performance significantly from an initial baseline of £ 17m. By finalizing this acquisition, Warren Equity Partners secures an established network capable of addressing increasingly stringent regulatory requirements within the life safety arena. To execute the competitive transaction and facilitate the cross-border handover, the selling shareholders mandated Clearwater to act as the primary sell-side M&A advisor. Furthermore, Browne Jacobson structured the legal perimeters of the exit on behalf of the sellers. Conversely, Warren Equity Partners retained Alvarez & Marsal to conduct the buy-side M&A advisory and support the transaction mechanics.

-> Deep-dive in Business Services market trends

Target

Based in Leicestershire, Obsequio Group coordinates the supply, testing, and maintenance of critical safety systems across the United Kingdom. Founded by Simon Cashmore and Simon Abley, the enterprise organizes its operational portfolio around three core historical brands: CDS, Genex, and Drax. The service provider focuses strictly on compliance frameworks, deploying engineers to manage fire detection and protection, water quality protocols, security infrastructure, electrical safety, and energy efficiency systems. To reach its end-users, the organization targets institutional and public-sector client typologies, specifically securing maintenance contracts with hospitals, universities, local authorities, leisure centers, and student accommodation providers. Through a sustained buy-and-build strategy, the platform continuously integrates specialized regional entities into its operational network to consolidate distinct technical competencies. By unifying these capabilities, the group manages complex physical environments to ensure strict adherence to life safety regulations.

Ent. Value

£100–350M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (GBP)

FREE VIEW
Year
Rev
EBITDA
EBIT
2024
70m
£5–25M
[members only]
2023
£50–100M
£5–25M
[members only]

Similar deals in Facility Management

Similar deals in Facility Management
DateAcquirerTargetCountrySector
10/2025TURENNE CAPITALM-ENERGIESFRANCEHVAC
10/2025ANDERA PARTNERSXELIANSFRANCEDocument Management
09/2025HIG CAPITALRENTOKIL INITIAL WORKWEAR FRANCEFRANCEIndustrial Cleaning
08/2025TOTAL ACCESS ELEVATORLA ELEVATORUNITED STATESMaintenance
06/2025TRITON PARTNERSPRENAX GROUPSWEDENBPO & Outsourcing
05/2025ARDIANMASTERGRIDFRANCEElectrical
05/2025APAX PARTNERSNORVA24 GROUPNORWAYIndustrial Cleaning
03/2025CHARTERHOUSEESTYAFRANCESecurity & Guarding
02/2025BAIN CAPITALAPLEONAGERMANYHVAC
02/2025HPS INVESTMENT PARTNERS / OAK HILL ADVISORS / ONE INVESTMENT MANAGEMENT / BC PARTNERSGARDAWORLD SECURITYCANADASecurity & Guarding

REFERENCES

Valuation range: EV £100–350M

Revenue range: £50–100M

EBITDA range: £5–25M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Obsequio Group by Warren Equity Partners are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: obsequio group

FAQ

What transaction does this page cover?

This page covers Warren Equity Partners’s acquisition of 100% of Obsequio Group, a British company specialised in Maintenance, in 2025.

How was the acquisition of Obsequio Group by Warren Equity Partners valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the £100–350M band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Obsequio Group’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Obsequio Group reported annual revenue of £70m, with EBITDA estimated in the £5–25M bracket (FY 2024). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.