M Group Services completes deal to acquire BGEN Ltd

M Group Services has completed the acquisition of BGEN Ltd (“BGEN”), one of the UK’s largest technical engineering solutions businesses with a strong market position in power, water, pharmaceutical, industrial and attractive energy transition markets.

BGEN is a leading solutions provider to regulated end-markets and provides leading specialist Mechanical, Electrical, Instrumentation, Control and Automation (MEICA) capabilities supporting customers to build new and optimise existing assets, often to reduce their carbon footprint and reach net zero.

This latest acquisition will enable M Group Services to accelerate the development of its highly sought technical engineering solutions offering to the energy, water, telecom and transport sectors, as well as expanding into new markets already served by BGEN, and further complements M Group Services’ platform of value-add infrastructure services expertise.

BGEN’s nationwide network of offices and almost 1,500 employees, provide critical technical engineering solutions to a range of clients including National Grid, Thames Water, Scottish Water, and Anglian Water, which also have long-term partnerships with M Group Services.

In line with its strategy, M Group Services will continue to invest in BGEN, its people, training and skills to extend its platform capabilities.

Three subsidiaries of BGEN – BES, Norwood and BFP – which provide fully integrated engineering services, are also part of the acquisition.

Andrew Findlay, M Group Services’ Chief Executive, said:

“BGEN is a business with a long trading heritage and an excellent reputation and culture that aligns with our own.

“In line with our strategy, the acquisition of BGEN significantly enhances the technical engineering capability of M Group Services, significantly deepening our ability to provide expert solutions for our existing clients and broad range of new clients, for today and in the future.

“Together we are even better placed to support the energy transition to net zero, leading the way to support essential infrastructure that is continually adapting to a rapidly changing world.

“I am very pleased to welcome the BGEN team to the M Group Services family.”

Robin Whitehead, Chief Executive of BGEN, said:

“Joining M Group Services represents the most significant step in our trading history to date and an exciting opportunity for our people, clients and partners alike.

“Our focus remains on bringing excellence to engineering, helping to keep businesses, industries and economies moving forward with a safety-first approach.

“Our joint expertise will provide a wealth of specialist engineering services across multiple sectors, help us to deliver even more effectively for our clients and achieve our own growth ambitions.”

Dominic Murphy, Managing Partner and Co-Head of the UK team at CVC, private equity owners of M Group Services, said:

“We are delighted the M Group Services team has secured this transformational deal with BGEN as part of its ambitious growth strategy. It is the first since CVC completed the transaction to buy M Group Services, earlier this year.”