3 February 2012
Social housing maintenance business Keepmoat has appointed Dave Sheridan as chief operating officer for the northern half of the country, responsible for all customer-facing activities.
Sheridan is currently chief executive of social housing maintenance business Apollo.
John Thirlwall, currently Keepmoat finance director, will become group commercial director, responsible for commercial processes, major bid support, procurement, site services and property.
Peter Hindley, Keepmoat director of homes, will become group business development director, responsible for strategy, partnerships, sales, marketing and PR, business development and innovation.
Sheridan, Thirlwall and Hindley report to Ian Sutcliffe, recently appointed as chief executive for when the merger is complete, likely this month, a Keepmoat statement said.
“Both companies are working to complete the integration as quickly as possible and further updates on progress will be provided in due course.”
The changes come after the recent announcement by Keepmoat that Sutcliffe will replace David Blunt as chief executive.
Blunt is to retire after 35 years with the business but remain in a non-executive capacity with the merged business.
Sutcliffe has extensive business experience of both the sector and merger integration, including previous roles as an executive director of Segro and Taylor Wimpey.
He is also a non-executive Director of Ashtead Group.
The new group will have a turnover approaching £1 billion and “will benefit from numerous cross-selling opportunities with little geographical overlap”, according to a joint statement by Keepmoat and Apollo issued last July.
The combined business will be based in Doncaster.
“Apollo will help to strengthen Keepmoat's maintenance capabilities in the north and Keepmoat will boost Apollo's new build offering in the south,” the statement noted.
Both companies are owned by Cavendish Square Partners, a special-purpose vehicle that is majority owned by private equity firm Coller Capital.
The deal comes after the social housing maintenance sector saw two major upheavals last year – the collapse of ROK and Connaught.
Other news for Friday, 3 February 2012
Servest bullish over acquisitions
Property managers see 5 per cent salary boost
Keepmoat clears the decks for merger
OCS moves into the fast lane
Contracts round-up
FM World launches 2012 Salary Survey
FM World Blog: One is such a lonely number
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