Mitie Group acquires GBE Converge Group for £27 million

LONDON, UK: Mitie Group plc announced the acquisition of GBE Converge Group (“GBE”), a leading independent provider of fire, security and information and communications technology (ICT) solutions, for a maximum cash consideration of £27 million (comprising an initial payment of £20m and deferred payments of up to £7m over three years, linked to performance). GBE…

Mitie Group PLC

Mitie Group PLC (pronounced “mighty”) is a British strategic outsourcing and energy services company. It provides infrastructure consultancy, facilities management, property management, energy and healthcare services. It has a head office at The Shard in London and more than 200 smaller offices throughout the United Kingdom and Ireland. It is listed on the London Stock…