Brodies advised City Facilities Management Group in the purchase of the Lesprit group, which trades as Maintenance Management Limited in the UK and Atrium Maintenance France in Europe, from Lloyds Development Capital (LDC). Through this acquisition, City, one of the world’s largest and leading, privately owned facilities management providers, has now extended its footprint into Europe, in addition to strengthening its existing business in the UK.

The acquisition forms part of City’s long term strategy to extend its global reach and the group now has almost 13,000 employees operating across five continents, spanning the UK, Europe, Asia, Australia and North America. The acquisition also provided an exit for Lesprit’s institutional investor, LDC, which originally invested in the business in 2012.

The purchase was led by Corporate partner Neil Burgess.