IDSystems acquired by M Group Services
M Group Services (‘the Group’), a leading provider of services to essential infrastructure markets in the UK, with a turnover of over £1.3bn, announces the acquisition of IDSystems (‘IDS’ or ‘the Company’) as of 14 October 2020.
IDS is an integrated mechanical, electrical, instrumentation, control, automation and telemetry (MEICAT) specialist business with around 100 employees that provides design, project management, commissioning, repair and maintenance services to water and wastewater infrastructure and other adjacent markets. They have developed long-term relationships with clients by adopting a partnering approach and providing best-value engineering solutions.
IDS’ client base includes Scottish Water and its alliance delivery partners as well as other water companies and industrial and commercial organisations across the UK.
As the latest addition to the growing number of businesses forming M Group Services, IDS will retain its brand identity and will form part of the Group’s current Utilities Division before transitioning into the new, dedicated Water Division in April 2021.
M Group Services Chief Executive Jim Arnold commented: “Strategic acquisitions are a core part of our strategy as we continue to enhance the scope of capability across our sector focused divisions. IDS has earned a strong reputation within the water sector through its longstanding relationships with their key clients such as Scottish Water along with its innovative product development and off-site manufacturing capability. This acquisition broadens the complementary, specialist services delivered by the Group in this sector and we look forward to supporting the IDS management team as they look to consolidate the Company’s leading market reputation and embark on the next stage of their strategic growth plans.”
Iain Doherty, Managing Director of IDS said, “We are absolutely delighted to be aligning ourselves with M Group Services. Their understanding of our vision has been supported through the whole process and my fellow directors and I truly believe, with their sector knowledge, wide geographic footprint and professionalism our controlled sustainable, growth plan will be greatly enhanced”.
The acquisition of IDS takes the total number of acquisitions made by M Group Services’ to 11 since December 2016. Financial details of the transaction were not disclosed.