Sustainability-focused commercial cleaning specialist set for further growth with funding
Ecoserv Group, a sustainability-focused commercial cleaning firm with over 25-years’ experience, has received a £4,000,000 asset-based lending facility from Cynergy Business Finance.
Based in Wallingford, Oxfordshire, Ecoserv provides a variety of commercial cleaning services to its over 600 customers across the UK. With a commitment to providing specialised services based on client need, Ecoserv provides services including deep cleaning, waste management and window and roof cleaning. Covering a range of different sectors, Ecoserv provides it services to notable customers such as BBC Studio Works, InHealth and Savills.
Focused on combining industry-leading services with sustainable practices, ESG principles sit at the very heart of the business. Spanning all levels of operations, specific practices include adopting a fully electric vehicle fleet by 2030, sustainability assessments of potential suppliers, using plant-conscious, cruelty free products and ensuring maximum energy efficiency and minimal waste during cleans.
With ambitious growth plans for the business, Ecoserv required additional liquidity to help achieve this. With the business having recently completed a complex acquisition, Cynergy Business Finance worked closely with the management team to provide a flexible facility that adapted to Ecoserv’s distinct and dynamic needs.
Looking ahead, Ecoserv aims to continue to grow its client base, with the aim of becoming the largest sustainability-focused facilities service provider in the UK by 2030.
Jean-Henri Beukes, chief executive officer at Ecoserv Group, said: “Having already experienced rapid growth, the business needed to create additional liquidity to allow us to achieve our growth plans for the next three to five years. We were seeking a partner who would understand our business needs and, more importantly, understand the sector in which we operate.
The Cynergy team took the time to meet our team and understand how the business operated. Ultimately, we’ve been able to create the liquidity required to grow the business and I look forward to seeing the business continue to grow over the next five years and beyond.”
Maxine Hennessy, corporate sales director at Cynergy Business Finance, added: “The owners, Jean-Henri and Henry, were a pleasure to deal with. They are evidently proud of not only the thriving business they have built together, but also of their team, where strong staff relationships are clear to see.
CBF is committed to supporting businesses with a focus on ESG and environmental considerations – these are evidently very much at the core of Ecoserv’s approach. I can’t wait to see Ecoserv continue to grow and deliver its industry-leading, sustainable services to even more clients.”
