Harpenden, UK
2020
Date of Investment
Business Services
Sector
Cash Out
Rapidly growing UK-based company providing cleaning, security, catering and environmental consultancy services across the education, rail & transport, public sector, corporate and property management sectors.
Founded in 1988 by Joel Briggs and Phil Moxom, Churchill is a rapidly growing organisation with turnover now exceeding £230 million. Both Joel and Phil will continue as Executive Directors as they prepare for this new phase in the company’s development. ESO’s track record of backing high-growth businesses will assist the company as it continues its upward trajectory through both impressive organic growth and strategic acquisitions.
It was hugely important for us to find a partner that shared our long-term ambitious vision for Churchill. ESO’s backing will greatly support our rapid and resilient growth. With an institutional partner on board, we will be able to prepare the business to readily capitalise on acquisitive growth opportunities in the highly fragmented business services market.
Joel Briggs of Churchill
Deal Lead: Stephen Edwards
