Our Investment Thesis

Macro Case

Essential Services

The UK’s built environment relies on continuous cleaning, hygiene, and safety testing. These services are required across offices, schools, GP practices, logistics hubs, and public buildings, creating stable, contract-driven demand through all market cycles.

Market Opportunity

Fragmentation

Critical Facilities Services is highly fragmented: thousands of owner-operators, limited digital infrastructure, and consistent succession needs. This creates scope for  margin uplift and disciplined consolidation under long-term ownership.

What We Look For

Acquisition Criteria

EBITDA margin 18–30% with clean financials
Engaged management team for transition
Asset-light operations with strong cash conversion
Recurring revenue with multi-year contracts

The Decision-Weighted Risk Score

We evaluate each opportunity against a structured risk framework: contract durability, customer diversity, labour intensity, regulatory exposure, and working-capital demands. Only businesses with clear downside protection and identifiable improvement levers progress to diligence.
Methodology details available to sellers and investors under NDA

Return Expectations

Target IRR: 20–25% (pre-deployment targets, not performance). Drivers: workforce stability, compliance reliability, governance/MI upgrades, and “owner-operator → institutional” multiple expansion. Disclaimer: ACP has no completed acquisitions to date; targets are illustrative and not guarantees.

Operational instinct, structured diligence, long-term stewardship.
Operational instinct, structured diligence, long-term stewardship.
Operational instinct, structured diligence, long-term stewardship.
Operational instinct, structured diligence, long-term stewardship.

Let’s build something enduring

Considering succession, partnership, or exit? We treat information with absolute discretion and structure deals that respect your team and reputation