Bellrock Property & Facilities Management Limited
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Bellrock Property & Facilities Management Limited - overview
Established
1995
Location
Leicester, Leicestershire, UK
Primary Industry
Software
About
Bellrock Property & Facilities Management Limited specializes in technology-driven workplace management, offering integrated services that streamline property, asset, and project management for diverse sectors. Founded in 1995 and headquartered in Leicester, UK, Bellrock Property & Facilities Management Limited provides comprehensive facilities management solutions. The company was acquired by Sun European Partners in October 2021 from Horizon Capital, enhancing its capabilities in software and advanced automation. Johann CA is the founder, while Tionte Boggan serves as the CEO.
Bellrock has successfully completed 3 deals, with its most recent funding being a Buyout of GBP 32. 20 mn, which matches the total amount raised. Bellrock Group specializes in technology-enabled workplace management solutions that encompass a comprehensive suite of services and software designed to enhance operational efficiency across various sectors. Their flagship product, Concerto, is an award-winning Integrated Workplace Management System (IWMS) that integrates property, project, and asset management into a single platform.
This platform is complemented by customizable mobile applications developed in partnership with Mobiess, facilitating seamless data access and management across multiple devices. Bellrock serves a diverse client base, including organizations in healthcare, education, retail, leisure, government, and corporate sectors, providing tailored solutions that meet specific regulatory and operational needs. Their service offerings extend to technical and real estate advisory, building consultancy, and facilities management, ensuring optimal asset value and compliance across the UK market and potentially expanding to international territories. Bellrock Group operates on a B2B transaction model, primarily engaging clients through subscription-based services and long-term partnerships.
Revenue for the most recent year 2023 reached GBP 228,865,405. 70, with an EBITDA of GBP 6,396,314. 50. Revenue is generated through the licensing of their Concerto software suite, along with consulting and advisory services.
The recent acquisition by Sun European Partners is expected to significantly enhance Bellrock's growth strategy, particularly in software data analytics, facilities management, and advanced automation. The company is focused on developing new products and services that align with these market challenges. Specific details regarding new product launches have not been disclosed, but there is an emphasis on expanding into new geographic regions to strengthen their market presence. The acquisition funding will support these initiatives and assist in overcoming key market challenges.
Current Investors
Sun Capital Partners
Primary Industry
Software
Sub Industries
Consulting Services, Engineering, Facilities & Maintenance Services, Analytics & Performance Software, Systems Management Software, Commercial Property
Website
www.bellrockgroup.co.uk
Verticals
Artificial Intelligence, IoT (Internet of Things), Mobile Apps, Real Estate Tech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Bellrock Property & Facilities Management Limited - timeline of key events
Bellrock Property & Facilities Management Limited - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 41,623,000 | 46,459,000 | 51,752,000 | 51,729,000 | 47,212,000 | 48,369,000 | 55,304,000 | 53,200,000 | 62,976,000 | 132,642,000 | 132,021,000 | 17,773,000 | - | - | - |
| % Revenue Growth (YoY) | - | 11.6% | 11.4% | (0.0%) | (8.7%) | 2.5% | 14.3% | (3.8%) | 18.4% | 110.6% | (0.5%) | (86.5%) | - | - | - |
| EBITDA (USD) | 2,859,000 | 4,276,000 | 3,376,000 | (424,000) | 1,799,000 | 1,499,000 | (549,000) | 2,507,000 | 1,874,000 | 9,430,000 | 8,744,000 | 1,127,000 | - | - | - |
| Operating Income (USD) | 420,000 | 1,683,000 | 399,000 | (2,771,000) | 756,000 | 305,000 | (2,115,000) | 1,028,000 | 484,000 | (1,212,000) | (1,631,000) | 147,000 | - | - | - |
| Operating Margin | 1.0% | 3.6% | 0.8% | (5.4%) | 1.6% | 0.6% | (3.8%) | 1.9% | 0.8% | (0.9%) | (1.2%) | 0.8% | - | - | - |
| % EBITDA Margin | 6.9% | 9.2% | 6.5% | (0.8%) | 3.8% | 3.1% | (1.0%) | 4.7% | 3.0% | 7.1% | 6.6% | 6.3% | - | - | - |
| NET Income (USD) | (553,000) | 483,000 | (246,000) | (2,914,000) | (494,000) | (1,186,000) | (4,495,000) | 13,000 | (372,000) | (9,325,000) | (8,268,000) | (974,000) | - | - | - |
| % Net Margin | (1.3%) | 1.0% | (0.5%) | (5.6%) | (1.0%) | (2.5%) | (8.1%) | 0.0% | (0.6%) | (7.0%) | (6.3%) | (5.5%) | - | - | - |
Bellrock Property & Facilities Management Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Axiom Project Services Ltd | - | ||||||||
| Add-on | Completed | Summers-Inman Construction & Property Consultants LLP | - | ||||||||
| Add-on | Completed | WiggleDesk Limited | - | ||||||||
| Add-on | Completed | E.Jordon (Refrigeration) Ltd | - | ||||||||
| Add-on | Completed | Capital and Provincial Ltd. | - |
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Bellrock Property & Facilities Management Limited - employee data
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