3 81 3 727 81 of deals were in SOFT FM US GERMANY FRANCE MOST ACTIVE overseas acquirors TOP into the UK IN DISCLOSED DEAL VALUES £14.1 billion MOST ACTIVE NUMBER OF FM DEALS FROM IN-BOUND ACQUISITIONS specialist sub-sectors TOP into FACILITIES MANAGEMENT 2007 to 2013 analysis 96 £100 OF ACQUIRED FM COMPANIES have turnover less than MILLION 2007 2013 - by deal volume 1 MECHANICAL & ELECTRICAL 2 MAINTENANCE & FITOUT 3 SECURITY In Q1 2014... 16 Q2 2012 Lowest Since Deal lowest for 2 YEARS International AVERAGE SHARE PRICE RISE (of our listed FM peers) 4 AGAINST IN FTSE ALL SHARE 1.5% decline QUARTERLY DEAL VOLUME INTERSERVE’S PURCHASE of INITIAL from RENTOKIL 250 million £ © 2014 Grant Thornton UK LLP. All rights reserved. ‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. This publication has been prepared only as a guide. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material in this publication. grant-thornton.co.uk V23990 16 OF DEALS WERE IN HARD FM OF FM DEALS BACKED BY PE 62