ACT Clean has been acquired by Connection Capital LLP
February 2017 — The private shareholders of ACT Clean, the UK’s leading managed cleaning services provider to the luxury hospitality sector, have sold the company to Connection Capital. Financial details have not been disclosed.
ACT Clean was founded in 2006 with the aim of being the partner of choice to world famous restaurant and hotel groups in London. Working at approximately 100 premium hotel and restaurant locations, their client list includes London’s most prestigious and stylish venues such as The Savoy, Soho House, the Mandarin Oriental, the Royal Automobile Club, The Langham and the Royal Air Force Club.
Connection Capital LLP is a specialist syndicator of investment funds from private investors into direct private equity, commercial property deals, alternative asset funds and structured debt solutions.
John Stevenson, CEO of ACT Clean, commented “This new investment and partnership is a very exciting opportunity for myself and our fantastic management team to both consolidate and nurture our existing long-term client relationships as well as attract and develop new clients.”
Our role in the transaction
Oaklins Cavendish, based in the UK, advised ACT Clean on its acquisition by Connection Capital. The team's specialist commented: “We are delighted to have advised the shareholders and management of ACT Clean on their transaction with Connection Capital. They are a fantastic example of a business which has created value by focusing on a niche and giving great service to its customers.”
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