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Versalift

High Access merges with NWC

9. May 2018 | Comments (0)

UK based High Access Maintenance - owner of truck mounted platform rental company AA Access/Outreach Access has merged with Leeds based Nationwide Window Cleaning (NWC).

The two companies are both backed by private equity firm BGF which has injected a further £5.5 million capital investment into the merged business but remains a minority partner in the combined operation which will have revenues of around £30 million.

The merger was in fact initiated by the two founders High Access’ Niel Bethell, who becomes chief executive of the merged business – NSS Group, and Nationwide’s Thornton Tasker who will be executive chairman. The group will retain the Nationwide Window Cleaning and High Access operating brands. See AA/High Access acquires Outreach Access

Tasker said: “Both Niel and I have individually worked to create businesses of scale, by investing in our employees and providing the highest quality service to customers. There are so many synergies between the companies, not only in our operations but also in our aspirations for the team and the future. Without doubt this merger couldn’t have happened without the backing, support and investment from BGF who have consistently worked with us to unlock growth opportunities, and make them happen.”

NWC's Thornton Tasker (L) with Niel Bethell of High Access Maintenance
NWC's Thornton Tasker (L) with Niel Bethell of High Access Maintenance

Bethell added: “The size and scale of the opportunities for the group are significant. Our job now is to cement our position in the market, and make sure staff and customers benefit from our expanded presence, service offering and fleet. We have a clear direction for future growth which will create new career opportunities for our teams over the next couple of years. With the continued support and partnership of BGF, we are looking forward to this next exciting chapter.”

Neil Inskip of BGF said: “NWC and High Access are ambitious companies with best-in class leadership from Thornton and Niel. Both businesses were on a growth trajectory before we invested; our role has been to help accelerate that growth through continuing to fund and back their acquisitive and organic strategies. This merger creates even more opportunities for the group, and we’re pleased to be part of that.”
Klubb

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