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April 26, 2022

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Acquisitions

ABM acquires Momentum Support and backs Secure Futures scheme

ABM has completed the acquisition of Dublin-based Momentum Support, as well as committed its support to the Security Institute’s and EY Foundation’s Secure Futures programme.

Acquisition of Momentum Support

The acquisition of Momentum, which provides facility services across the Republic of Ireland and Northern Ireland and has a workforce of over 2,000 employees, is said to be reflective of ABM’s ELEVATE strategic acquisition growth plans. The purchase will be said to give ABM access to Momentum’s blue-chip customer base and provide the opportunity to cross sell ABM services to existing clients who also have a footprint in the Republic of Ireland and Northern Ireland.

Further, by acquiring Momentum, ABM increases its ability to serve clients in faster growing markets like technology and life sciences, many of whom maintain a significant presence in Ireland.

Scott Salmirs, ABM’s President & CEO, said, “I am thrilled to welcome the Momentum team to the ABM family. Momentum is recognised as a customer-centric, award-winning provider of janitorial and associated services, as evidenced by their strong, long-standing client relationships. Many of our clients have substantial operations in the Republic of Ireland and Northern Ireland, making this transaction a great example of our ability and desire to grow with our core customers in attractive markets.”

“We are very pleased to be joining a world leader in facilities services,” said Ian Anderson, who served as Momentum’s chief executive, and will continue to lead the business within ABM as Managing Director for the region. “ABM is such a strong fit for us because our companies share the same values.  Like ABM, we are laser focused on complete client satisfaction, accountability, and providing a respectful and rewarding experience for our team members. This transaction provides the opportunity to launch our organization into a bright future while continuing to serve our customers with excellence.”

Support of Secure Futures employability programme

In other news, ABM has also demonstrated its support for the ‘Secure Futures’ programme, highlighting the vast number of roles available in the security sector and introducing young people to the opportunities which the industry affords them.

Created through a collaboration between the Security Institute and the EY Foundation, the employability programme is designed to help break down barriers to employment for young people from low-income backgrounds who want to begin a career in security.

SecureFutures-OldBailey-22

The latest Secure Futures cohort graduating at the Old Bailey

ABM will be hosting five mentees within its security business, offering real experience of the working world and taking part in paid work experience.

The move is said to further demonstrates ABM’s passion for supporting social mobility, building on its own Junior Engineering Engagement Programme which aims to tackle misperceptions of the facilities management industry amongst young people and create a pipeline of future technical talent. It has had over 500 graduates since 2017 and was created and funded by ABM UK.

Chris Middleton, Security and Client Services Director at ABM says: “We are over the moon to be involved in this initiative which is very much aligned with ABM’s values. Having been involved as a speaker last year, I was so impressed with the work being done that we were determined to do more.

“We can’t wait to welcome our mentees to the team and share the wealth of knowledge and experience which exists in our business.”

The Secure Futures programme has been backed by the Security Industry Authority (SIA), the UK’s regulatory body for the private security industry, and is set to continue the EY Foundation’s ongoing mission to reduce the barriers to work that many young people face.

Expanding on the Security Institute’s #NextGen initiative, Secure Futures will support 16-18-year-olds from low-income backgrounds to access invaluable experience within the security industry, empowering them to consider pursuing careers working within the sector. IFSEC Global recently attended its event at the Old Bailey, where the latest cohort graduated from the programme.

 

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