We’re proud to have advised the shareholders of fire safety and compliance specialist Fieldway Group, which has been acquired by Axis CLC Group, a national leader in critical property compliance and maintenance services.
Fieldway was founded in 1999 by Brian Murphy to provide fire safety and compliance services to the public sector, with a focus on quality and customer service. The business received backing from leading regional private equity and real assets investment manager Foresight Group in 2018, and has since scaled into a multi-regional platform.
Fieldway holds preferred supplier status on 13 national and regional procurement frameworks and, whilst maintaining its strong core in social housing, has expanded into the healthcare and education sectors.
The transaction delivers an attractive return on investment for Foresight.
The acquisition complements and strengthens Axis CLC’s existing service offering by adding Fieldway’s strong active fire and fire risk assessment capabilities, alongside passive fire expertise. It also expands Axis CLC’s position in the North West, where Fieldway is a market leader.
Fieldway’s experienced management team, led by Managing Director Tony Carden, will continue to run the business and will play a key role in driving future growth.
Our Corporate team, led by Matt Noon (Partner), Ben Correia de Sousa (Senior Associate) and Nick O’Shaughnessy (Associate), acted as lead legal advisors to Fieldway’s shareholders.
It’s our pleasure to have supported the shareholders of Fieldway on this successful transaction. Having worked with Brian and the team for a number of years, it has been a privilege to see the business grow into the platform it is today. This deal is a great outcome for all stakeholders and positions the business strongly for its next phase of growth with Axis. We wish Tony and the wider management team every success as they continue to build on Fieldway’s recent growth.Matt Noon
Partner at Hill Dickinson
Brian Murphy, founder of Fieldway Group, said: “Matt acted for me on the original investment by Foresight into Fieldway back in 2018 so it was fitting that he acted for the shareholder group on our ultimate exit. Matt, Ben, Nick and the team were first rate throughout and a massive part of enabling us to successfully complete and pass on the baton to Axis for the next chapter in Fieldway’s journey. I would recommend Matt and the team to anybody.”
Matt Noon, Corporate Partner at Hill Dickinson, said: “It’s our pleasure to have supported the shareholders of Fieldway on this successful transaction. Having worked with Brian and the team for a number of years, it has been a privilege to see the business grow into the platform it is today. This deal is a great outcome for all stakeholders and positions the business strongly for its next phase of growth with Axis. We wish Tony and the wider management team every success as they continue to build on Fieldway’s recent growth.”