HMT advised YFM on their investment in professional kitchen cleaning and hygiene services provider TWO Services.
Founded in 1986 by Alan Osborn, TWO provides specialist commercial kitchen cleaning, maintenance and equipment supply services to customers across the UK. Its clients span the contract catering and facilities management sectors, serving education, healthcare, hospitality and commercial end sectors.
TWO has grown from its Essex roots into a trusted nationwide operator, with operational centres in London and Leeds and a team of around 100 people.
Today, the company is led by the next generation of the Osborn family, with Managing Director Barry Osborn continuing to build on the standards and relationships established by his father.
YFM’s investment will support TWO as it expands its engineering and cleaning teams, and extends its coverage across the UK.
HMT undertook financial due diligence on this transaction.
We were delighted with the support provided by the HMT due diligence team throughout our investment in TWO Services. HMT brought a strong combination of technical expertise, commercial insight and responsiveness, providing clear and practical advice at every stage. Their understanding of the business and ability to focus on the key issues gave us confidence in our decision-making and made them a valued partner throughout the process.”
– Zach Francis, Investment Director at YFM
We were delighted to advise YFM on its investment in TWO Services, providing financial due diligence throughout the process. TWO Services is an impressive business with a strong market position and clear opportunities for continued growth. It was a pleasure to work alongside YFM and the management team and we look forward to working with them again in the future.”
-Paul Read