In their latest acquisition, United Capital have acquired Saltire Facilities Management, a company with over 320 direct employees and an annual turnover of circa. £30million. This follows the company’s acquisition of Top 500 Company McGill, and Angus-based electrical services firm, Alliance Electrical in 2019, in United Capital’s biggest deal to date.

With their headquarters based in Glasgow, Saltire Facilities Management was founded in 2000 as a public/private partnership with North Lanarkshire Council. The idea was that they would operate as an in-house facilities division. Saltire now stands as one of the UK’s largest central heating and electrical service providers, with offices in Scotland and the South West of England.

As with all of their companies, United Capital only seek to acquire well-functioning and well managed businesses and Saltire fit the bill! They’re a profitable business who deliver facilities management services on large public sector contracts and most importantly have a solid and vastly experienced management team leading the company. United Capital will be there to support with the back office work with everything from marketing, to HR.

United Capital CEO, Graeme Carling commented “Our team are delighted to get this deal over the line, Saltire is an exciting addition to the United Capital family.

The existing staff, operatives and management will remain in place and it will be business as usual. Saltire’s customers will continue to receive exceptional service from the same fully qualified and experienced team. The United Capital Board of Directors will be on hand to support and grow the company moving forwards.”

Saltire Facilities Management General Manager, John Reynolds added; “The team at Saltire are happy to have completed the sale of the business to United Capital, but of course, the work doesn’t end. Our experienced team of staff, operatives and managers will continue to run the business on a day-to-day basis with the added support of Graeme and his team. It is an exciting time for Saltire as we join the United Capital family.

“This deal is also great news for our customers who will not only continue to receive the same high level of service that they have come to expect, but with the added expertise of the United Capital board and resources of the wider group of businesses, will see Saltire continue to grow and strengthen its position as one of the UK’s largest and leading central heating and electrical service providers.”

This is a great addition to the United Capital family, which announced its ambitious ‘buy and build’ strategy in December 2019, which aims to achieve a collective turnover of £300million over the next three years. The addition of Saltire, makes the three year plan, well on target.

We look forward to joining Saltire to the family!