M Group Services
| Company type | Private Limited Company |
|---|---|
| Industry | Construction |
| Founded | 1948 |
| Headquarters | Stevenage, United Kingdom |
Key people | Andrew Findlay, Chief Executive |
| Revenue | £1,060,200,000 |
Number of employees | 11,000 |
| Website | mgroupservices |
M Group Services is an infrastructure services group of companies operating within the United Kingdom, owned by PAI Partners.[1] Their services are generally split into Telecommunications, Transport, Energy and Water.[2]
History[edit]
M Group Services is the product of a number of acquisitions and mergers, and began when Morrison Construction was established in the small Scottish town of Tain in 1948 by Alexander Morrison.[3][4]
In 1989 the Morrison Family sold 80% of their share in Morrison Construction to Charter Consolidated for an undisclosed sum, but then later in 1994 repurchased the 80% back, including the acquisition of Biggs Wall and Shand Construction from Charter.[5]
In 2000 AWG plc acquired Morrison Construction for £262 million.[6] Morrison Construction was then subsequently sold to Galliford Try in 2006[7] and remains to be the Scottish arm of their construction business to this day.[8] Following this acquisition by AWG plc, the remainder of the business was split into Morrison Facilities Services and Morrison Utilities Services.
In 2008 Morrison Utility Services was acquired by private equity firms Cognetas and Englefield Capital for £235 million.[9]
In 2012 AWG plc sold Morrison Facilities Services to Mears Group for £24 million.[10]
In 2016 Morrison Utility Services was acquired by private equity firm First Reserve Corporation.[11]
In 2016 M Group Services was established and was the successor to Morrison Utility Services.[12]
In 2018 M Group Services was acquired by PAI Partners, a private equity group.[13]
Subsidiaries[edit]
M Group Services own a number of subsidiaries, including:[14]
| Subsidiary name | Division | Area of business |
|---|---|---|
| Morrison Water Services | Water | Design and maintenance of water infrastructure |
| PMP Utilities | Water | Bespoke engineering to water sector |
| IDS | Water | Mechanical and electrical contractor within water sector |
| Z-Tech | Water | Electrical, control and instrumentation specialist |
| Morrison Telecom Services | Telecom | Building and maintenance of fixed and wireless telecom networks |
| Magdalene | Telecom | Specialist telecommunications services |
| Avonline Networks | Telecom | Design, build, installation and maintenance to telecom network |
| Waldon Telecom | Telecom | Wireless network services |
| Antagrade Electrical | Transport | Specialist railway electrification services |
| Dyer & Butler | Transport | Engineering services to transport sector |
| KH Engineering Services | Transport | Mechanical and electrical contractor within transport sector |
| Milestone Infrastructure | Transport | Design and build of highways infrastructure |
| Morrison Data Services | Energy | Utility data retrieval |
| Protect My Property | Energy | Home security provider |
| Callisto | Energy | Regulated data flow management to energy suppliers |
| Morrison Energy Services | Energy | Repair and maintenance to UK Power network including gas, electricity and green infrastructure |
| Seeka | Energy | Revenue protection services to utilities market |
References[edit]
- ^ "PAI Partners | Investments". PAI Partners. Retrieved 2024-01-28.
- ^ "M Group Services | M Group Services". www.mgroupservices.com. Retrieved 2024-01-28.
- ^ Noble, Malcom (2019). The Morrison Story 1948-2019. Crucible Books (published 21 April 2019). ISBN 9781905472222.
- ^ "Alexander Morrison". The Herald. 1998-11-17. Retrieved 2024-01-28.
- ^ "Morrison float to bolster builders". The Independent. 1995-08-28. Retrieved 2024-01-28.
- ^ Clark, Andrew (2000-08-25). "Anglian Water pays £262m for Morrison". The Guardian. ISSN 0261-3077. Retrieved 2024-01-28.
- ^ 2006-03-02T10:26:00+00:00. "Galliford Try buys Morrison units for £42m". Building. Retrieved 2024-01-28.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "Our company history | Morrison Construction". www.morrisonconstruction.co.uk. Retrieved 2024-01-28.
- ^ "AWG sells Morrison utility services division". The Herald. 2008-03-08. Retrieved 2024-01-28.
- ^ Gardiner2012-11-08T09:40:00+00:00, Joey. "Mears buys contractor Morrison". Building. Retrieved 2024-01-28.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Services, Morrison Utility. "First Reserve Fund XIII to acquire Morrison Utility Services from Bregal Capital and Motion Equity Partners". www.prnewswire.com (Press release). Retrieved 2024-01-28.
- ^ "M GROUP SERVICES LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-01-28.
- ^ "PAI Partners acquires M Group Services from First Reserve". PAI Partners. 18 May 2018. Retrieved 28 January 2024.
- ^ "M Group Services | M Group Services". www.mgroupservices.com. Retrieved 2024-01-28.
