30 August 2018 | Prithvi Pandya
Integrated property support services group Central Square Holdings Ltd (CSHL) has acquired facilities management provider Concourse FM.
Concourse FM's team will work with existing group companies to create a new offering that includes the development of FM managed service solutions.
Concourse FM currently collaborates with CSHL on client projects through its existing strategic relationship with building services and environmental consultancy GDM - the technical design arm of CSHL.
Concourse FM manages German stock exchange facilitator Deutsche Börse Group's (DBG) offices in London and Ireland, with GDM as its strategic delivery partner.
ConcourseFM's offering helps clients optimise their FM contracts, reduce the running costs of their properties and increase productivity across their estates. Managing director, Alex Riche, will continue to lead the business reporting to and supported by GDM director Gary Draper.
Alex Riche, managing director of Concourse FM, said: "Joining CSHL will bring access to enhanced capabilities, growth opportunities, and complementary services and solutions which mean we can now together offer the market a unique FM consultancy service."