MSL, a leading facilities management company based in Halifax, has secured an investment from Foresight Group to support it’s ambitious growth plans.
Foresight Group is a leading private equity and infrastructure investment manager and has made the investment from its North West, North East and WYCA funded West Yorkshire SME Investment Funds.
The investment will support MSL’s management team with its growth ambitions – providing the capital and expertise to continue to invest in technology development, create high-quality, sustainable jobs and to expand its commercial capabilities and reach nationwide.
MSL has a reputation for high quality service delivery, evidenced by the longevity of its customer relationships. Their success has been founded on the excellent service levels it provides to customers, with continual investment in its technology suite, to deliver new functionality for customers that maintain property estates. MSL has seen impressive recent growth and has established an strong reputation in its nationwide market.
Jeremy Harrison, Managing Director at MSL, commented: “We are pleased to have secured the support and confidence from Foresight – an investment partner whose culture and people values, we believe, are aligned to those of MSL. We look forward to working with Claire and the Foresight team, their experience will help MSL to accelerate the successful growth story of the last few years.”
Foresight Partner, Claire Alvarez, added: “We are delighted to be working with Jeremy and the team at MSL to help achieve their ambitions. We were impressed with the fast growth of MSL’s tech enabled platform – this offers further scalability and we are excited to work with the team.”
A multi-disciplinary team from Schofield Sweeney advised the shareholders of MSL on the investment, including:
Corporate – Martin Sweeney, Jessica Fielden and Jack Venable
Real estate – Simon Hellewell
Employment – Simon Shepherd
Tax – John Feaster
“Having worked with the MSL business and shareholders for a number of years, we have seen it grow from strength to strength. It has been a pleasure advising the shareholders on the new venture and we are looking forward to watching the next chapter unfold. We wish all those involved every success for the future.” Jessica Fielden, Associate.