About Mears Group
Mears Group is a company based in Gloucester (United Kingdom) founded in 1988 by Tim Carpenter. It operates as a Professional Services, and Managed Services. The company has 5,500 employees as of December 31, 2024. Mears Group has completed 3 acquisitions, including IRT, Independent Living Services and Morrison PLC. Mears Group offers products and services including Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance. Mears Group operates in a competitive market with competitors including CBRE, HomeServe, OCS, Clearway and Air Partner, among others.
- Headquarter Gloucester, United Kingdom
- Employees 5500 as on 31 Dec, 2024
- Founders Tim Carpenter
- Stage Public
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mears Group Plc
-
Annual Revenue
$1.42 B (USD)3.96as on Dec 31, 2024
-
Net Profit
$58.3 M (USD)32.16as on Dec 31, 2024
-
EBITDA
$180.53 M (USD)20.58as on Dec 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
5500
as on Dec 31, 2024
-
Investments & Acquisitions
IRT
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Mears Group
Mears Group is a publicly listed company on the LSE with ticker symbol MER in UK, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Mears Group
Mears Group offers a comprehensive portfolio of products and services, including Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Repairs are delivered daily to over 1,000,000 homes.
Care is provided in 21 extra care schemes.
Homes are managed for vulnerable people across UK.
Comprehensive services are offered to public and private sectors.
Maintenance is planned for social housing across UK.
Unlock access to complete
Unlock access to complete
Funding Insights of Mears Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Mears Group
Mears Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include IRT, Independent Living Services and Morrison PLC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Diversified facility management services are provided across sectors.
|
2003 | ||||
|
Cloud-based thermal surveying solutions are provided for building optimization.
|
2002 | ||||
|
Operator of senior living homes
|
1970 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Mears Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mears Group Comparisons
Competitors of Mears Group
Mears Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, HomeServe, OCS, Clearway and Air Partner, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Property management, brokerage, and asset services are provided globally.
|
|
| domain | founded_year | HQ Location |
Home emergency insurance and repair services are provided to customers.
|
|
| domain | founded_year | HQ Location |
Facilities management services are provided by OCS since 1900.
|
|
| domain | founded_year | HQ Location |
Provider of property management, temporary CCTV installations and alarm response monitoring
|
|
| domain | founded_year | HQ Location |
Private aircraft charter and aviation support services are provided.
|
|
| domain | founded_year | HQ Location |
Provider of cleaning, security, catering, and environmental services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mears Group
Frequently Asked Questions about Mears Group
When was Mears Group founded?
Mears Group was founded in 1988.
Where is Mears Group located?
Mears Group is headquartered in Gloucester, United Kingdom. It is registered at Gloucester, England, United Kingdom.
How many employees does Mears Group have?
As of Dec 31, 2024, the latest employee count at Mears Group is 5,500.
What is the annual revenue of Mears Group?
Annual revenue of Mears Group is $1.42B as on Dec 31, 2024.
What does Mears Group do?
Housing maintenance, care, and management services are delivered by Mears Group across the UK. Over 1,000,000 homes are repaired daily, and 17,000 homes are managed for local and central government. Care and support are provided in 21 extra care schemes. Facilities management is offered to public and private sectors, including defence, education, and healthcare. Solutions focus on social housing, decarbonisation, and energy efficiency. Partnerships are formed with government bodies, landlords, and investors to create funding and delivery models.
Who are the top competitors of Mears Group?
Mears Group's top competitors include HomeServe, Air Partner and OCS.
What products or services does Mears Group offer?
Mears Group offers Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance.
Is Mears Group publicly traded?
Yes, Mears Group is publicly traded on LSE under the ticker symbol MER.
How many acquisitions has Mears Group made?
Mears Group has made 3 acquisitions, including IRT, Independent Living Services, and Morrison PLC.
What is Mears Group's ticker symbol?
The ticker symbol of Mears Group is MER on LSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.